RE: underpriced5 Aug 2019 13:53
I have had a response from e mail sent read below
Dear Simon,
Thank you for your email. We have, of course, taken note of the purchase of 8.01% of the shares in Thomas Cook last week by Neset Kockar, founder and owner of Anex Tourism Group.
When announcing the proposed recapitalisation on 12th July, the Board considered all the options available to it at the time, with the aim of maximising the value to all stakeholders. However, if the Board receives a deliverable alternative proposal, which has appropriate financial backing, which sufficiently addresses the high levels of leverage in the business in the timeframe available, and which puts the business back on a stable footing, then I can assure you that it would be considered alongside the recapitalisation proposal that we are currently working on.
Kind Regards,
Alex