They allow Local Plans to be refunded for credit, however Global Plans can't be refunded.
I'm unsure how this affects the accounting treatment, and believe there is still a reasonable chance they'll deliver an accounting profit for their FY.
Personally, I'm more concerned about cash flow.. II don't think this quarter will be very good.
Praetorian, I understood the sarcasm, but you could have also been serious!
Im still figuring out where I think the chips will fall, and where the buying opportunities might be.
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They allow Local Plans to be refunded for credit, however Global...
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