Big ask for 2nd half of 150 Mill EBITDA when first half is only 110 Mill not sure I trust those numbers.
I spoke recently to EHL investor relations regarding the 32 mill doubtful debt, they said it was accumulated over time from around June to October about 6 - 7 mill a month. It became apparent that they were in trouble paying and so work stopped immediately. Not great considering it dragged out over 4 months before they took action.
I understand that the bad debtor is now looking at selling assets to try to come up with money to make due on their obligations.
They did not tell me who this bad debtor is
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