It depends on how you view on their assets.
You are definitely doomed. ZERO. end of story.
They have $107m cash and other current assets $141m as at 30 June 2016; tangible non-current assets $1.22b
The first put option due in July, if Exercised, the asset being bought back, is not worthless.
It's no ST going concern issue, imo.
Ann: Credit rating change (Moodys), page-9
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