Originally Posted by
Deano969
QF/JQ is still a big chance of falling over as one thing
JS said that I believe to be true, that they are trading whilst insolvent
He said that almost 18 months ago. Pretty impressive to trade insolvent for that amount of time and still remain afloat. And considering “insolvent” means “unable to pay debts” I’m not sure how going from peak $6.4b debt during Covid to $3.9b debt now classifies as “unable to pay down debt”.
Rex’s debt went up from FY 21 to 22 btw…..