RE: preserving cash13 Jun 2020 13:08
Whats annoying is that the Peters (GBP) have had exorbitant admin costs for years and have blown 10++ Million over the last 5+ years for ZERO return. **** or bust for them, if bust they will be ok as they have had years emptying the bank.
Just to be balanced the assets do have potential for shareholders to come good, IF they can strike a deal
I would say its been a win win for the Peters, nobody else.
There is also a risk. They may try to raise funds at a ridiculous price to keep the lights on for another 5 years