Originally Posted by
EI-BUD
If they've burned through the £100M as suggested on Sky news yesterday, (the injection that came last year), they in effect had funds to cover this level of liquidity. This event is about liquidity and cash flow. It's not a seasonal business per se. I just cannot see what where these losses are coming from.
They haven't burned through £100m. There was an initial capital investment of £20M with a further £80-100m promised in the future.