There is the real issue that the business may not survive. Debt at $30m hasn't moved over the last 2 or so years. Revenue is still spiraling, down another 20% in the first half compared with the pcp and profits dwindling. If they couldn't pay down any debt in the last 2 or so years, how are they going to pay it down in the future with even less money coming through the door going forward?
There is the real issue that the business may not survive. Debt...
Add to My Watchlist
What is My Watchlist?