SITM, How watertight the Sale&Option Deed is a key; as is how...

SITM, How watertight the Sale&Option Deed is a key; as is how willing ADL are to enforce the penalty provisions on AC/Andial in the event the $2.10 hurdle is not reached & the substantial reinstated debt is chased. Has AC prepared for the eventuality that the Kiwi's luiquidators come a knocking?
ADL's strategy regarding its ~12% substantial stake are pretty opaque, but it can be assumed that ADL will be wanting to at least maximise sp at sale. Or they may be in for the longer haul....hold/build the stake but burn AC on the way through due to their difficulties chasing the Andial debt..
Or everything may be perfectly amicable.... but eitherway, on paper both ADL & AC have incentive to push the price as far over $2.10 as possible. Just how motivated AC is to buyback the substantial stake (the >12% arguably controlled by ADL) is an unknown...does he have the resources, connections...or desire?
All this assumes no murky side deals & perfect disclosure to the market, of course....
Raving