I don't have good feelings about this ann."... to acquire...

I don't have good feelings about this ann.

"... to acquire approximately A$8 million of hire purchase equipment owned by the ANZ..."

Did they really buy equipment???
I can't believe the hiring was so expensive that it makes sense to buy it now. The only paranoid reason I can see is that the admin will have something to sell during liquidations.

3m for the admin process...

Can anyone see this otherwise than more debt.