replacing in the tcq forum, page-21

Warnie

It seems that Trinity have recently negotiated the extension of the loan with NAB (who have various "links" with Trinity btw - Trinity own the NAB HQ in Melb and NAB own JANA their super fund consultant and on the IAB) to October 2011.

Reported here:

http://www.moneymanagement.com.au/article/Trinity-chief-executive-and-deputy-resign/490896.aspx

Excerpt:

Trinity recently negotiated to extend the due date of its loans with National Australia Bank to October 2011.

...and here:

http://www.businessspectator.com.au/bs.nsf/Article/Trinity-Group-board-changes-U525K?OpenDocument


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So Acorn have been selling too and have possible 6.19Mill left to sell? AMP look set to sit tight as Bellamy (new CEO) is ex AMP.