RE:RE:RE:Telegraphing intentions The share consolidation through the reverse split is a minor issue compared to the major issue of the debt restructuring. There is a lot of work to be done to fix the credit facilities so that this is investable.
The Balance sheet sticks out like a sore thumb because of the negative working capital balances. They need to fix this ASAP.
If they can fix the balance sheet and clearly demonstrate a return to profitability then they can figure out what to do with a share consolidation and a potential takeout of the public shareholders at the renewables division.
There is still a lot to do to turn this around but it looks very cheap at todays price if they can pull it off. If they can't pull it off then I could see someone swooping in and providing a cash offer that will put an end to our suffering.
LR