I posted a while back that this may be heading to...

I posted a while back that this may be heading to receivership.... bleeding money and high debt.

Any capital raising to reduce debt will be extremely dilutive.

Will it be a take over? Or will others in the same field let it die and just pick up customers who naturally switch across to other providers.

I do hold a small parcel, but not risking buying more as clearly some with good knowledge think there are big problems here.