My personal view is that Tritium will be saved
(but equity holders and much of the debt holders will lose out)
Why?
Well it's in the commercial interests of the major customers like Evie (also St.Baker interests), Ionity (Europe), Revel (US) not to have to replace $$ millions of chargers with commercial life left because they can't get spare parts.
And with a substantial debt and other overhead reduction the new company may well be able to be profitable immediately.
So some hope that any custom made parts that RFT has on what will be purchased eventually.
But RFT need to come clean on what the exposure is. What are current Receivables to Tritium, and any custom Inventory.
its clearly price sensitive information.
My personal view is that Tritium will be saved(but equity...
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0.9¢ |
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