Hi anthony, I take posters on face value mate, it does become par for course, by some, to be ‘attacked’ if you go against the flow.... lol.
One point that we seriously diverge on is the bit about the CR not being handled correctly.
I put this forward;
Did you expect WP to totally rule out a CR?
If not, admitting to a CR, what would your expection be to the impact on the sp?
If WP did not do a CR what would the impact be of asking for another 10 mill loan, bearing in mind the later he did it the more ‘dire’ it may be for the company?
Do you see the CR as purely for ‘operational cost’?
We need to ask ourselves is WP taking the right measures to ‘protect our capital’ by setting up the future of Admedus.
As ‘ugly’ as it was I would absolutely say YES.
In regards to spending up I personally will not redraw on my Home Loan regardless of my outlook..... unless I had any sort of windfall, I have enough (not in your league though).
Admedus’s future lies in the hands of any new top twenty holders, imo.
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