Truthfactory28 Apr 2020 17:42
Can the PIK not be paid with the revenues earned.
A rights issue would be absurd if ESL has enough money especially durimg this extremely busy period to pay off the PIK in one swoop.
Esl are having a busy time at the moment and thimgs will not subside. Right now PIK is least of ESLs worries its a drop in the ocean now.
People at home, food deliveries but when other retail outlets open this is gonna explode further more.
Rights issue in my opinion is last thing that ESL will wanna do. I know PIK can be paid now id ESL want to.