ADY 10.0% 1.1¢ admiralty resources nl.

Depends on the terms of the loan. If you look at your typical...

  1. 354 Posts.
    Depends on the terms of the loan. If you look at your typical loan, bank reserves the right to call it at any time. If you can;t bay it, then you either are forced to sell to cover, or bank takes it and sells it...

    Don;t know details of ADY's loan or whether these types of loans are set up with similar mechanisms.
    Could why they had to go to court to try and get a ruling on it, trying to squirm into some legal technicality regarding Opes in administration rendering contract void?

    I'm not a legal expert though, and have no knowlede of terms of loan.
 
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