Howdy,
They were quite categoric at the AGM there would be no CR, they were sufficiently capitalised and more so now with the new cost saving measures and expected growth out to 2021. The levels of debt would have made it more difficult to seek funds from the "normal" sources let alone how quickly they require the funds to support the one quickstep rollout. James Douglas deserves his 12%, there's an element of risk on his part but calculated. As they said it will be paid in 6months, I believe them and particularly Mr Burgess who came across as frank and direct regarding his expectations of himself and the company over the next 12 months.
Cheers...
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