You could take a guess at whats happened ...
* Checked the books - with all this debt and things not going to hot - are we solvent? ... all us new directors should be careful?
* Hmmm that $30m loan might have some mkt cap clauses
* They have basically admitted going to market for $$$ ... doesn't seem to be may takers.
Can't remember who the $30m facility was with - but they must be nervious
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