NWH nrw holdings limited

Ann: NRW Half Year Results Presentation, page-53

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    If there wasn’t an issue , the half yearly would have been released on time. CFO gone. The auditor must have had a struggle. Yes debt secured. But the administrator has to look at the process. Administrators are hopeless at running businesses. Existing creditors continuing to supply generally run riot . Nwh even if they have been preferentially secured should be able to cut a deal. In the meantime Nwh keeps up the mantra , we are secured.
 
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