Privatisation ~~~21 Jul 2019 23:37
I haven`t mentioned the much derided ` P ` word for some time , but as someone else has now mentioned there is that possibility , always lurking there in the background .
Quite naturally those who still believe in AP , those who still believe he is working 24/7 in the interests of shareholders , those who still have or have even increased their substantial `numerical` shareholding , those who believe finance from some as yet (still) unknown third party will be forthcoming , those who believe in miracles will no doubt ridicule again my belief that this might become a reality .
There might just be a chance that there is an intermediary stage :
If , IF , HC and the diamond gamble should ever be ratified , that might present an opportunity to sell it like PP , raise a bit of cash to further develop Romania before the plug has to be pulled .
This situation has surely now become so tenuous that should the `Road Map` not lead to a substantial cash injection there can realistically only be four eventual outcomes :
* A firesale takeover .
* Insolvency ~ Administration .
* Administration leading to Privatisation .
* Privatisation .
The argument for Privatisation via one format or another seems to me to get ever stronger .