ESKN.L Share Price (ESKN)

And how does that benefit Esken share holders?

Appears despite administration the Southend Airport continues to come back. Now re-opening the Navigator Pub and Skylife Lounge. So the administration is helping to keep the business running and ways of generating additional income.

Agreed-this company was going down the toilet many years ago under Tinkler and Co-covid and passage of time supplied the handgun

Looks like standard procedure when a firm notifies the FCA that it has entered administration. Nothing to see here otherwise IMHO.

Just looked up the FCA and it looks as if when the FCA are looking into the affairs of a Company they can freeze its assets. This looks like what is happening here. I would imagine the first port of call with be FCA looking at the bonds and exchangeable loan deals that would have given the Company a greater length of time to repay the amounts as air travel recovers post pandemic. Where Esken told shareholders they had a robust defence and where they have been advertising what a great company this is to invest in? I just wish we were being told more regarding all of this where shareholders are being kept in the dark?