admiralty update ann, page-37

What's the estimated cost of acquiring the remaining 40% share of CSMB?

What effect is that going to have on earnings going forward?

How is the repayment of the $10mill Hawkswood loan going to work? Will the creditors allow ADY to pay it out over time, or are they seeking a prompt settlement under threat of legal action possibly?

These are three key questions arising from today's ann.

Notwithstanding the above, it's a downtrending market and rsources/materials are getting hammered. Including BHP, FMG, OXR etc... small caps too.

Watch your money guys. Especially if 16c in the chart is taking out.