ADY 0.00% 1.2¢ admiralty resources nl.

panic, page-29

  1. 191 Posts.
    like i thought NO such language exists

    If ADY do not repay the $3m at months end,Hawkswood own ADY 100%

    they will be in breach of a legal covenant and i might remind you prior to ADY renegotiating the debt and allowing a charge over all of its assets the Hawkswood loan was "unsecured"

    I hope ADY can find a way out of the mess its in but i am erring on the side of they cannot.

    Certainty will drive the share price uncertainty has forced the share price to these levels.




 
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