RE: AVN14 Jul 2016 21:47
Thanks for that Oillieb. They certainly seem to be expanding rapidly, perhaps too fast. Their revenue has increased at an amazing rate over the past few years, but they continue to make huge losses, which is never a good sign. Plus the fact that they have very high debt, so I suspect they are unlikely to generate cash any time soon. They clearly have a large customer base, so I just wondered how quickly that potential gap could be filled if they went under. I suppose there would always be someone willing to take over the assets and customers, perhaps at bargain price.