" but if the receivables are not collectable, it cannot continue to trade."
Exactly!
Now this CR is a little curious as to the timing, amount and how much possibly will be taken up by Shareholders!
AGS is close to insolvent and the Christmas period is upon small Shareholders and their available Cash. Participating in a piddly CR is furtherest from their mind. imo
H/Q/BBros are no doubt taking great interest in what will happen to their J/V Partner particularly if they head to receivership. Will they want that?
Md
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