Curious what you think is the path forward.
On another thread user FiveCent suggested FLN "need to pull back a little on expenses and slightly increase revenue" which seems like a formula for FLN to lose slightly less money as opposed to repairing the situation. The trends (balance sheet, quarterly results) are obvious.
The longer "business as usual goes on" the fewer options to fix it. If they let things approach dangerous levels in solvency terms then emergency $$$ infusions will cost a lot of money. Surely they need to raise whether publicly or otherwise (as well as fixing things)?
Ann: S&P DJI Announces March 2023 Quarterly Rebalance, page-5
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