Called Maria at 2.00 pm today.
She could not give details of the financial position but asked me to wait until the annual report is released, which is supposed to be soon, although she could not give any dates.
She said that the company had about $20 million loans (can't remember the exact figure) but had the assets to pay them off.
She said that the Hawkswood loan was not paid today. This is being negotiated. She could not give details and said that an announcement would be made most probably tomorrow.
She did not answer any questions on liquidation, but did not seem stressed out about it.
Good luck. I hold heaps of ADY. If this goes down, most of my savings will be lost. But if it survives, I may become Australia's new millionaire.
Called Maria at 2.00 pm today.She could not give details of the...
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