Ann: Ceasing to be a substantial holder (Bain), page-13

While things were looking dire, management of the time actually approched the debt holders before debt conditions were breached.

Small difference but debt holders were prepared to step in because of the IO industry Atlas are in is essential to development and economic growth and the floating A$ movements protecting aussie producers. Imo.

As no other financiers were approached to refinance, that we know of, don't think we can claim Atlas was facing oblivian, definitely close.

Shame on the kahunaless Australian finance industry!

Allowing this profit escape OS!