just to clarify - regarding the wages issue I understand from the source that the end of April date in the email relates to funding wages from reserves as opposed to cash flow & profits (which are of course two very different items.) It seems that a similar line was used in a staff communication giving the leaked email some cred.
ASX notification would not be required under such circumstances (esp as they already have painted a bleak picture in the 'pragmatic' statement earlier this week.)
Just a sign of a very highly (over) geared business that is about to wear a massive V OZ debt - hitting some very rough turbulence.
Might expect to see some frantic website promos for seats in the July-Sept period in order to pull the cash in pre June 30.