Nice post Semi; You basically spelled out what wasn't in the announcement that actually should have been.
It's exactly what I have dancing around in my last couple of posts.
Why bring the full payment forward?
Whats the significance of the 31st July for Anteo? They obviously are anticipating some form of liquidity event and at a guess expected it before now. The 31st is most definitely the line drawn in the sand by Diasource. They have given us more time once again to see if what ever it is, is successful. And of coarse they know what it is as well hence their understanding with the monies owed to them.
No doubt about it. If Anteo does not have successes by or on the 31st; Diasource are pulling up stumps. The adviser in Europe moves into full swing to find a buyer for them.
Timbo Out
Ann: Revised Payment Arrangements with DIAsource Vendors, page-112
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