If they company said that, well can't say I give the comment much weight. We have heard it all before many times over the last 12 months to then find interest rates on debt rising, cash sweeps put in place hampering company activities, and various restrictive covenants.
I don't know this stock well, and have only been an investor for 5 months, but I think it is a bad look to not have renegotiated these facilities prior to the meeting.
Having said that, it may keep the sp low and encourage MND to take a tilt at the company.
If they company said that, well can't say I give the comment...
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