Well I think we all knew what we were investing in was high risk. Let’s see what month end brings, personally I am not hopeful - the debt levels are just far too high to be managed and I don’t see Ascendis no matter what their operational performance is being able to trade their way out of this debt pile even if Blantyre and L1 do allow an extension period which clearly isn’t going to happen. Blantyre and L1 have made a great move here and they going to pick up some great assets for chips it’s just a pity I’m on the wrong end of this deal.
Any comments on the ASCENDIS HEALTH LIMITED – Trading statement for the six months ended 31 December 2020
Are we all doomed?
I will hold onto my shares, cross my fingers and clench as I’m already in a huge loss making position so what’s more loss at this point
Edited by David-89, 25 March 2021 - 03:29 PM.