RE: BODS23 Nov 2020 07:45
I'm not sure it is scaremongering - isn't the crux of the issue a bunch of lenders unwilling to amend terms with an unservicable caveat coming Sep21 - a leverage challenge that no amount of great performance is going to change? No matter how the CWD brand perform between now and then, there needs to be capital to clear, and refinance in a sustainable way - and CWD can't do that on their own.
Whether Alchemy, connells or anyone else - surely the finances need sorting out so the business isn't distracted by sorting its lenders out every 6 months?