The inevitable eventuated what usually occurs from here is restructure debt to make terms more favourable effectively putting the company in the hands of banks. However the flipside to that - it gives the company plenty of liquidity and breathing space but can not screw it up. The company is buy when balance sheet is restructured with banks as EV's will breathe life in this sector for many years to come. DYOR.
The inevitable eventuated what usually occurs from here is...
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