AHS / Dang
banks do not care abt "asset values" .....they care abt cash coverage of interest payable ........
the fact that the banks have asked for an accelerated payment scheduale, should give you a small tip ........
it is a bit more than "tight" .......
I will simply wait (and recognise that the stock might bounce around a little in the interim), and see if / when the risks get reduced .....
rgds
V_H
Time to off-load this Mermaid, page-31
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