It's the nature of the business they're in - a non-essential luxury.
In situations like this the safest bet is to either:
- liquidate and just hold cash until it all blows over
- invest in the essentials: food, energy, etc.
I'm dubious about the effect criminal charges will have on the value of ALG. Someone feel free to jump in and correct me if I'm wrong here, but if criminal negligence charges were to be laid, they would be laid against an individual and not the company - correct?
But LuckBeatsSkill is correct, if the company's level of debt is higher than the value of its assets then shutting down its only source of income for 3 months is not going to help things at all. We could very well see this slowly crash to zero in much the same way TEN did.
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