This is the same amount of money that AT1 raised 2 1/2 years ago. Not to mention all the money raised prior plus all grants received from various governments. Total Capital destruction.
John Kelly & Co, is it time to say, this whole thing is just not working, we got it wrong. See what capital we have left, plus the proceeds of liquidating any tangible assets, and look to give it back to long suffering shareholders before these erode as well.
AT1 Price at posting:
5.7¢ Sentiment: Hold Disclosure: Held
