RE: Wonder how CC and the EVE bod are feeling:-19 Jun 2022 09:19
Morning all,
I don't think that eve would go into admin (even if it does, who knows), with cash in the bank. I think the worse case scenario is not being able to carry on through no investor injecting funds or a buy out while trading.
The admin case is when all money runs out and no funding can be raised.
The unknowable is how long the cash in hand will last.
I wonder if the stock position re: Argos and Eve is that Eve have supplied Argos with stock to sell already but Eve now, due to this publicity have less credit time with the manufacturers. Ie it was 90 days now maybe, worse case, pay as you order up front?
I have no idea how this will play out only because there is so much critical info undisclosed to allow any sort of assessment of the chance of the various outcomes.
Thats why I won't dip in even with the possibility of a very good return.