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Shorter/scare mongering, there are dozens of options a company of this size would take before going bankrupt, and they aren't going to annouce that simply because their share price is under 50p. bankruptcy isn't one of them.
now if we got to under 5p, then yes, more of a possibility.
In for more of a rough ride
UK markets drop sharply as Fed official dampens hopes for rate cuts
The FTSE 100 dropped sharply as trading began after a US Federal Reserve official said policymakers might not cut interest rates at all this year.
The UK’s blue chip index slumped 1pc to 7,898.71 while the midcap FTSE 250 sank 0.7pc to 19,727.72.
UK markets drop sharply as Fed official dampens hopes for rate cuts
The FTSE 100 dropped sharply as trading began after a US Federal Reserve official said policymakers might not cut interest rates at all this year.
The UK’s blue chip index slumped 1pc to 7,898.71 while the midcap FTSE 250 sank 0.7pc to 19,727.72.
Perhaps they are hoping to attract new sponsors with the teams competitiveness at Riyadh later this year.