Outline proposal20 Feb 2019 19:39
The Indicative Proposal is also conditional on CAA consent and agreements being reached with Flybe's credit card acquirers, banks, lessors, OEMs and pension fund trustees.
This one sentence in today's RNS sums up the futility of the attempt to stop this concluding on the 22nd. Does anyone think that the CC company will allow the unwinding of a cash backed offer in favour of a nebulous offer without clear financial backing? I am wondering whether this is an elaborate attempt at playing one last hand at this roulette table knowing that desperate or greedy investors will take the SP up and will have allowed 100% profit to some within a matter of days. For the sake of many here i hope that i am terribly wrong!