Will this misery never end - this is getting like some horror story no one escapes from !
This is going to be one heck of a blow to the credibility of the operation, as if it hasn't been bad enough already, should it stagger out of administration at any point.
Suppliers are going to demand to see money up front or one heck of a cashed-up mountain of credit support from a first class backer; and
Buyers are going to be at the dross end of the market and pricing, given the place will have to prove it isn't going to fall over again, OR offer a big discount to market prices to get buyers to commit to sending ships.
COK Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held