Warren22: Future funding20 Feb 2014 23:33
Please see the paragraph below taken from the RNS dated 11th December:
In the UK alone, there are over 10,000 events each year, which are worth over £11bn in sleeping accommodation. In order to maintain leadership of this market, the Company will require investment on a scale that warrants future funding. In addition, the Board is exploring the potential of joint ventures and strategic acquisitions to accelerate growth.
Personally, I do not see this as a bad thing but an opportunity!! Of course they could use debt finance but that might be expensive.
Anyway - that's my take on it.