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Old 20th Sep 2019, 07:19
  #729 (permalink)  
diffident
 
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Originally Posted by Doc Q
Just made that figure up i suspect ??

The cash needed will be forthcoming today i can say with some certainty , Sorry to be positive .....

https://news.sky.com/story/thomas-co...usual-11814616

Business as usual ...move along now nothing to see
Of course @Doc Q, all made up figures. Can't help myself.

£1.1 BILLION debt restructuring which we know about - its the value of the Chinese possible involvement. Overnight a further operational funding hole of £200 Million was identified, which as I explained in previous posts, is most likely due to a withdrawal of credit facilities / suppliers calling in their credit terms.

That equals £1.3 BILLION my friend.

If you really want to go full throttle at this - there are market murmurings this morning (and don't forget, Thomas Cook is a publicly traded company at the time of posting), that by the close of the markets today, that figure could be £1.7 BILLION.

Last edited by diffident; 20th Sep 2019 at 07:22. Reason: added link to stock quote
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