My 2 cents....7 Nov 2023 11:14
The WUP is being used as an aggressive form of debt recovery. It does not mean, what is being translated by the market, that EUA are insolvent. They are not! The WUP petition will likely fall flat and the SP will recover slightly. That does not mean a sale will then magically happen. The BoD are an incompetent, dishonest bunch (as are most on AIM) and I don't foresee a sale any time soon. What shareholders, or side-line watchers need to employ, is balanced reasoning.
The company is unlikely to agree a sale at any previously expected price