RE: Half Year Results29 Aug 2023 13:10
Reduced debt by $4 million during the quarter to $75 million as of 30 June 2023, a $68 million reduction from $143 million at 30 June 2022
The company is bankrupt. If they sell all assets it wont clear the debt. The recent placing will clear the interest I guess. They need a £30 million placing at 5p really. Could they get it away? I dont know. Struggling on. A company with hundreds of BTC, tens of millions in the bank, no debt....to this.