3. Renegotiation or repayment of the R&D advance facility from the CBA due end of this month. I have stated before that I cant see why CBA would be inclined to negotiate.
Not sure. CBA probably advised STX on taking out this loan, so they might be on the hook until the appeals process is finished. You'd need to know the terms of the agreement. Then again, the banks are incredibly adept at offloading risk onto borrowers.
Ann: FY16 R&D Update, page-11
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