I'm obviously bias given my position is now 'not held' since...

I'm obviously bias given my position is now 'not held' since that awful cost estimate announcement (or lack thereof).

But I do think the first challenge GW is doing to be faced with is getting a capital raising sorted asap. Really just to keep the lights on. TNG were due one about now just base of cash in hand and cash burn per quarter.
With the dismissals and new appointments the cash burn will be significantly higher this quarter.

I'd love to buy back in in but can't do it at the moment. I can't and don't expect any rabbits out of the hat from GW for a good 6months as that's how long it'll probably take to get up to speed and sort out the mess leftover from previous management.

Any raising completed at this time is going to have to be at significant discount for the "sophisticated investor" to get involved. But let's see what GW can do.