Helier.12 Aug 2021 12:18
Hi Guys,
This is certainly turning into a roller coaster ride, on what should have been a smooth passage. If the financial reports on Helier are correct, that it’s profitable, therefore, it can be used for refinancing. Beaconsfield, potentially, is also profitable. Obviously, there’s a big mess here, &, unless I’m wrong, seems to be based of both the amount of debt that the company has, & what they can do to refinance it. Perhaps, I’m being over optimistic, but it seems to be a sensible move to put administrators in, in order to assess what can be done. I notice this morning, that my shares, held in EQi, have gone from being suspended, have come back onto my portfolio, with a share price. Fingers crossed, that’s a positive step. I know that David Lenigas has a mixed reputation, but if the financial figures stated for Helier, are correct, this isn’t over yet. H.