ELI needs to show Mr Market that it has rid itself of all the power generation loss making businesses pay down the debt associated with said businesses.
Once that is achieved the turn-around plan on the retail\commercial arm needs to generate positive cash flow so that the lenders ( i think Investec largest...???) will relax some of their conditions that are presently choking them.
Always been a bit dodgy on their financials booking profits for inventory that is stored in a warehouse comes to mind....super bloated overdraft facility.
Mentioned elsewhere they making strong inroads towards energy efficient corporate lighting systems...so the less looking over their shoulders the more innovative they can be with their in-house experience & adapt their manufacturing facilities to suit.
Set top box well peops further down this thread know more than I.
Should re-rate to the upside but when...
Yeah I do own some.