Did anyone happen to see the article re Opes Prime and the fact that ADY needs to pay a $10m loan back to Hawkswood Investments? In the article they state that this $10m will come from the $40m facility and that PT has said that he is currently negotiating the payment of these funds.
Why was this not disclosed yesterday?
In the breakdown of the use of funds in yesterdays announcement, there is no mention of loan repayments anywhere.
I like this stocks potential, but I am get more and more concerned with PT and the issues going on behind the scenes, He needs to spend less time posting on message boards and more times focusing on the task at hand and being upfront with shareholders,
10m loan payback afr pg 72
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