ADA 2.04% 50.0¢ adacel technologies limited

Ann: FY2018 Results Announcement, page-4

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    A lacklustre set of numbers.

    Confirmation on the call that with regards the disputed component of a FAA support contract, the judge has dismissed the ADA claim. The company still has roughly 30 days to appeal.

    I am appalled this adverse finding was not included in the results lodged on the ASX.

    Need more time to consider but thinking of selling based on a lack of trust in management.
 
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