Recent press releases and coverage in the FT would indicate a degree of concern with both investors and the management of the Q company worried about a rights issue on the 49% available stock.
The past years results of a £92m loss and the current obvious lack of non-military work at BD et al indicate some hard financial truths.
It would appear that to a man the military element at BD believe the AT&E PPP venture is doomed to failure.
Industry obstructiveness is not helping the case.
Where are things about to go, who knows?
