It is unlikely ICI will be able to pay the $750,000 so this will probably be 'renegotiated' into a new add on to the Agreement. Quite shonky between these Asian controlled and 'managed' companies.
AB1 should just press on for the payment as cash is king and the existing agreement enables us to keep the money and sue for the balance or even keep the $250,00 already stumped up and keep the portfolio to be sold to ICI (unless that portfolio is such a lousy set that only stupid people would buy).
AB1 Price at posting:
4.8¢ Sentiment: Sell Disclosure: Held