They confirmed guidance in the mid $120m which is achievable. Sp...

They confirmed guidance in the mid $120m which is achievable. Sp dropped to new low prior to AGM and quickly bounced back 30% plus.
from my perspective reduction of staff costs and copy right costs will actually makes their financial looks healthy this year.  
This sort of business can turn around quickly by reducing their overhead costs in a short period to time.
Why not raise $20m with their biggest shareholders so they can average down and to pay off the debt. 
Sp will quickly bounce back.