Well, I must have had my eyes closed on Friday, because I was looking at how the first installment of those debts doesn’t mature until 2021, which is next year, and the result should turn profitable this year, so no need to panic. Well, I should probably update my own internal calendar for the new year, since we’re already in 2021
Indeed, it might be a tight spot for that, unless the turnaround happens already in Q4, which is unlikely. They’ve already gotten one 12-month extension, and getting another one might be tough, so an offering might indeed be coming. I decided today to move back to the sidelines for now and sold my initial position. Thanks to @Pohjolan_Eka for that message and for helping me move into 2021 myself ![]()
3 Likes