RE: Multibagger3 Sep 2020 16:47
Good post, @laidback.
Plus, there's what Mooky said earlier in JohnnyG's post:
He said the company will be “back in full force” by next summer, by when a coronavirus vaccine will have been found.
“But we are ready if this does not happen,” he added.
“We have no plans from our side, or from the family’s side, to take the company private,” said Greidinger, referring to his own family, which owns the biggest stake in Cineworld.
He said it’s well-placed to deal with a second wave of the virus and there are other possible sources of funding if the company were forced to close cinemas again.
Seriously, guys. This is one for the back burner. In a year or two, this will be £2-3.
Cine's not going out of business. It's sat in waiting for the vaccine. And it can wait for however long that will be.