Madness to risk undermining an entity via foreign borrowings without the appropriate levels of currency hedging in place.
Many a good business model has been bought undone by the so-called "boys upstairs"...who, with typically accounting/banking backgrounds, often have little experience with the actualy businesses in question.
TPI would have made a good short though...I was a little slow when she plunged last week...and am annoyed with myself for not holding shortd originally set near $6!
Could buy them back off-market for about 50c now...and possibly much less in a few weeks/months.
I do hope they pull through as a entity though...real people with real jobs here.
An issue often missed in such scenarios.
Cheers!
TPI Price at posting:
$1.42 Sentiment: None Disclosure: Not Held