I think your right Ds,
Everyone should settle down and stop this broke crap, have a re read of the March 16 quarterly report ,its very encouraging , DIA vendors to equity @7.5c as pre payment for interest didn't go well for them either , the group has performed very well except its the share price doesn't reflect that ,
why repay 7.7m Euros in full now when there is 4 years to pay ?
There must be some payment that is due to Anteo from now to the end of the month ,
after that the vendors have drawn the line at the end of July or want all the money returned by the 2nd October ,
Anteo has till the end of the this month to come up with the transaction , no one knows what it is or where its coming from ? Cook or Merck ? or both? merger ? batteries ? uncertainty is why we are where we are , is it that sensitive that share holders can't be told ?
Where are the missing FC shares ?will they be bought back now ?
After the end of July Anteo will enter an arrangement to sell DIA and settle by 2nd October , they must have the buyers waiting but pushing it out to keep DIA.
A at worst a cashed up Anteo with no debt and building will be worth a hell more than 1,7c, lets hope they can pull it off by the end of the month and keep DIA.
http://www.asx.com.au/asxpdf/20160429/pdf/436whj7fydvvcf.pdf
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- Ann: Revised Payment Arrangements with DIAsource Vendors
Ann: Revised Payment Arrangements with DIAsource Vendors, page-109
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