Mate it’s a CVA not a rights issue. Honestly, if anything it gives hope to investors and gives comfort that a rights issue would be off the table and that there is at least a solution. Also, it’s not even official just some unknown random obscure sources which are probably bull****.
RE: WW 1984 v CVA v Oxford Vaccine19 Nov 2020 07:48
Just look at the f*ing title “Cineworld looks to cut rent, and permanently shut down cinemas”
Fear mongering at its finest. This is not even f*cking official nor are any sources named just pure rumours . Also, in the article it specifically states that Cineworld is considering shutting down UK cinemas, mate 80 percent of their business is outside of the UK. In saying that I guess were lucky it doesn’t mention a rights issue lol. - on the bright side