Gee what about the issue of trading while insolvent. That is AED...

Gee what about the issue of trading while insolvent. That is AED not being able to pay debts as they become due.

I thought some drilling company was claiming that they were not being paid with around $41 million invoiced.

The Directors become personally responsible for the debts incurred post insolvent trading.

The AED response to the ASX was somewhat opaque on this matter.

There may be a rabbit but where is the hat.