Your right in that these matters are of concern, however it's likely they will be able to negotiate new terms.
"The Directors believe that there are reasonable grounds to believe that the use of the going concern basis remains appropriate as as there is an expectation that the Group: • will be able to remedy the breach and the debt providers will either waive the anticipated breaches of certain financial covenants or amend the financial covenants; and • will receive the the funds owing by WGH in September 2016."
WLD Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
