RE: 1st quarter results3 Apr 2020 23:44
"The company cannot forecast what will happen, or when."
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Sir Walter, errr, yes they can!!
The management have to assume that their business is dormant until a vaccine for CV becomes available. That's a gievn...it should be written in stone above the boardroom table. ANything else is wishful thinking.
So cut costs....screw the money lenders & high fananciers for all you can ..BUT look after the little people as much as youy can....even if you have to forgoe your bonus for the next 5 years to pay them a subsistence wage. Next year, 12 months, 15 months, even 18 months a vaccine will be ready and 'life' will get back to normal. Although normal is pretty fcuked up IMO.