Well if they can’t get the money out of them then HDY will have to sue them for it and incur more legal fees as approved by the new interim BOD, ASX will not get involved and will watch from the sidelines. Hence reason for me saying that if they don’t get this cash back and or get some funding somehow or sell some assets, then Administrators will be appointed as worse case sceanario in my humble opinion. Good chance though it may not come to that fingers crossed. Cleaning out the existing BOD is a great start, next few announcements will paint the picture for us, best of luck to all holders, BernardF
HDY Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held