Did some further financial analysis on the result. This has provided me more comfort that things are not as bad as I thought - I feel more comfortable with my holding.
Good quote from the report:
"Despite the recent downturn in sector demand, the board of directors believes that the outlook for the Group,
together with the impact of the arrangements negotiated with the Group’s Senior Lender and key suppliers and the additional funding provided by the equity capital raise, provide confidence that the Group can
achieve its long-term objectives."