not only CEO but Finance head should also resign, Either Pure ignorence or Ego of CEO/Finance team they are in this position because even without £845m warning they were in bad position they should have call Right issue when share price around £2.2
they already have £440m in cash . wht they need string cash mangement. exit from non-core business as they said in statement. once news regarding this 2 issue come up , short will get closed.share will start move up .so it is wait and watch game
wht they need is 25% of those 1+ b£ receivable.
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