RE: Oh Dear....RNS14 Jan 2022 10:24
Thinking the same MrGoogle..... a big "why" sticks out for me... why did they let the debtor get to a position whereby the monies owed becomes the company life line.... they should have mitigated that risk a long time ago [a raise at much higher sp].... so why are they not paying up... it seems odd they have not mentioned it... is there a dispute over the services provided for example, or are the debtors themselves in financial trouble meaning they have little hope of recovering the debt....... the can has not been kicked very far down the road and it becomes a game of what happens first.... going bust or getting the debt paid, signing some contracts or completing the sale.... if its the latter 2 or 3... then we may see some recovery but most of that is out of managements hands....... running out of money is equally something they can do little about but they have asked for a bag of money, that they must think sees them through........ time will tell. B