Right now Iām worried they may need to sell their plant in the US to recoup some capital. Iām worried to that level with BOO.
They have Ā£325 million in revolving credit finance available to them. Thatās up from Ā£100 million in March 2022. Why wouldnāt they use that?
They will but Iām saying that it wouldnāt last them for a full year that amount of money. They spent nearly that much just to maintain operations for the past 5 months.
Ah, I see. I thought you said youāre holding? Why not sell and cut your losses?
I think over the long term they will be fine thats why Iām not selling. My average is Ā£1.25.
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they are such a dodgy company!
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It is their culture.