love it,hate it, tomorrow it will be decided, page-7

Of more concern is the auditors report that states: "Should the amendment to the Syndicated Facility Agreement with the Banking Group not be finalised, or if Hastie is not able to meet the revised covenants, or if Hastie exceeds current facilities and is not able to secure additional facilities, otherwise manage cash flows or raise capital then there is significant uncertainty regarding the ability of Hastie to continue as a going concern and, therefore, whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial report."

I note that in the Hastie statement there is reference to "new" management. In my personal opinion there is insufficient change in management to label this so. Could it be that the banks are also thinking the same way?