Why does EWI only guarantee no debt repayment demand twelve months at a time?
Answer that one and you'll be on the right path.
As for fantasy worlds if you think big institutions are going to buy shares in this with this $400m EWI debt hanging over it's head your fantasy worlds a nieve one.
No insolvency trigger.
Come expiry of most recent guarantee should EWI demand repayment within 30 days current shareholders are getting dilute down to insignificant percentages so as the satisfy EWI demand.
Because EWC will not be able to pay its debt.
Contrary Indicator?, page-32
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