gmc, page-6

So your basically saying they they quickly put this company together to recieve the money,but in fact they are not allowed to receive money because they are do not qualify under rules and regulations from banks, so legal and general received the money from HSBC which in turn would give to glacier,now if indeed glacier has a sister so called company GMC they would indirectly giving it to themselves which I could not see why there would be an issue,the issue would be from LEGAL maybe knowingIf it wasn'tthis fact not releasing money,,,now if this was the case then the announcement is deceiving the shareholders as this would have had to pass asx requirements I would have thought,,,either all the announcement sais secured 52 mil loan so it must have been secured to even announce