The balance sheet is fkd. The operating business is insolvent....

The balance sheet is fkd. The operating business is insolvent. There is no CEO. We continue to take loans at 12% to invest in an insolvent loss making business. Destroying value year after year. The auditors wont even signoff the audit opinion. Kero is the control investor and lets all this continiue - it makes no sense.
The value of the UK becomes irrelevant to minority investors if the balance sheet is fkd, and the control investor is looking to own the good assets by equitising loans it knows can not be serviced. Dilution could likely offset any upside from monetizing the UK. Need to be very careful here...