Originally Posted by
diffident
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.
TC have stated according to sky news just now it’s business as normal , So i guess it is , cannot see them reassuring everyone if they really are going under
They obviously know the cash is coming .