RE: Going down, equity raise13 Sep 2024 10:34
I don't agree Bondholders could have already done that but they haven't.
IMHO I think the company is waiting to see if Conrad get the farm out done then COROs 15% is worth a lot of cash if anywhere near the numbers that the previous FD talked about then enough to pay the bondholders off and hopefully be left with some to grow the renewables business.
Any sniff of the farm out being done should see this re rate IMHO