It's no comfort to anyone who has lost money in this one (and...

It's no comfort to anyone who has lost money in this one (and the list is long) but unless they make this work they are finished in capital markets. No one will ever invest in a company associated with them again. That explains why no insto will go near the stock as the governance is poor at best.

So they have either used their nine lives and made their dough or have some honour and will look to make it work. The scary thing is their keenness to list in different markets which suggests to me they are looking for the next sucker to fund their expansion (read consulting fees) plans.