BBC Radio 5 Live
On BBC Radio 5 Live, the discussion from an analyst (not to be believed obviously), is that the equity value of TCG is near zero.
His interpretation is that current share price of around 10p is overvalued.
I agree that this becomes an issue of perception. If punters stop booking with TCG because they consider it too risky (even with ABTA/ATOL bonding), the situation will be even worse in a matter of days.
The best thing for TCG is that hopefully when the market opens on Wednesday, some other company or other will have a bigger problem, and hence hog the headlines.
I wouldn't buy the shares at any price until after the results are issued.