RE: slowly creeping up.9 Jan 2019 11:49
My belief is exactly that. To some extent it is a guess, yes, however if I KNEW it was going bust I would put SURE!
There could be "buy outs", "part sell offs", "Takeovers", and "Transfers" of existing contracts at the end of people "being paid" by Interserve itself IMHO. However that is the destination I am "guessing" that they will arrive at.
The route to that destination looks (to me at least) like the share will stop trading at some point (quite a while before the final destination is reached) because of (effectively lack of cash in the bank) either an inability to borrow, reduce debt or meet its projected targets on operating profitability, quality and timescale.
I hope that clears my earlier point.
I also believe that most of the people who work for them will probably carry on in their jobs but probably with a change of employer should this happen.
So as a shareholder I would be very wary.......(as a best guess) which is probably reflected in the SP.