Agee Mont...whilst the bridging loan was a necessary hurdle to cross, we are not safe until either
1. we sell assets
2. we reaise equity
3. banks have a change of heart and refinance regardless of either of the above (hugely unlikely).
We sell assets.....but will anyone offer a realistic price, and can they finance the purchase? - can't assume either in my opinion.
We raise equity....would shareholders support this, at what price, and would be find an underwriter? - can't assume any of this in my opinion.
Still a lot to achieve in a short timeframe.
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