question of the day, page-78

"You must be a Uni student Whiddon. Am I right? What a ridiculous statement ! You think wholesalers don't do DD .... lol"

Sorry to disappoint Jacob but I've been in Banking for 12 years working for a Global Bank... Not looking for a fight either...

Monash is acquiring 2 Billion plus... I can tell you right now that the hold up on the 6 million has absolutely nothing to do with the ALDP IMO.

As announced the facility has been sighted but the cash has not been made available. Monash simply hasn't been able to make the funds available. When moving large sums of money through an 'innovative Funding Package' many questions are asked and so much red tape needs to be cleared. Has Monash closed out the deal with the Wholesalers?? Perhaps not. IMO ALDP will be a trigger for new players to step forward.

Many a transaction in the Banking world go close to the distance then fall over at the last hurdle. Let's hope this isn't one of those cases.

I still hold and seem to be doing a lot more hoping theses days...