Obviously the company is experiencing an enormous liquidity squeeze & are massively overstocked & have over committed their buying... the suppliers are now getting nervous & have requested demands!
This could be it for the company... may never come out of suspension, go straight in to Voluntary Administration.
What an epic fall from grace would that be!!
There would need to be a massive CR to meet their liquidity problems which may in itself be terminal given the parlous state of the financial statements & obvious opaqueness of the company's forecasts.
BAL Price at posting:
$6.68 Sentiment: None Disclosure: Not Held