RE: Likely breach of covenant.........17 Jun 2019 13:17
When I said 6p I meant 6.00p and not before....! The CEO leaving will see this drift and put everything under pressure.....share price, debt, senior management. I fear the only option here is perhaps the group being bought, but as the share price is falling, nobody will make an offer until it is at a give away level. That may even be below 6p. The finance raise has locked people in at 15p, so they will be taking a lot of pain currently with no way out........... I repeat I will not be in before 6.00p is offer on the buy.......?