Have we been given a final figure for current total debt?
If they are selling off what they don't like, and keeping the 700 or so they DO like...(Because they meet profit targets..)...then with a sole intention to use profit to payoff debt, and balance the business why will it have to liquidate?
It could mean however a long time before it goes back to a normal running company...from years of paying debt.
What about selling off balance of US holdings, and cash from UK sales...and where is the money from the US 60% sell. We need to get statements on these...
Though I do alway worry about the fees these administrators charge...going to be some big bills in this case...
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50/50 to relist....., page-6
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