In the absence of rescue capital, whether equity or debt or a combination of the two, they won't see the end of the current quarter.
If I was a board director, I'd be very worried about personal liability for insolvent trading so I wouldn't be surprised if they've already taken some advice from an insolvency firm so they can take advantage of the "safe harbour" provisions.
In the absence of rescue capital, whether equity or debt or a...
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