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GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
OriginalGriff24-Jan-21 12:09
mveOriginalGriff24-Jan-21 12:09 
GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
Nelek24-Jan-21 12:25
protectorNelek24-Jan-21 12:25 
GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
OriginalGriff24-Jan-21 12:56
mveOriginalGriff24-Jan-21 12:56 
GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
Nelek24-Jan-21 21:57
protectorNelek24-Jan-21 21:57 
GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
PIEBALDconsult24-Jan-21 12:54
professionalPIEBALDconsult24-Jan-21 12:54 
GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
Richard MacCutchan24-Jan-21 23:12
mveRichard MacCutchan24-Jan-21 23:12 
GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
OriginalGriff25-Jan-21 0:27
mveOriginalGriff25-Jan-21 0:27 
GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
Daniel Pfeffer24-Jan-21 23:24
professionalDaniel Pfeffer24-Jan-21 23:24 
As others have said, it sounds like they have cash flow problems. If they were in decent financial shape, they could presumably get a commercial loan or an arranged overdraft facility for much less than 10% per annum. I find that much more likely than the "poison pill" theory, because an addition of less than 10% to the total purchase cost (price of shares + liabilities) is unlikely to deter a larger company bent on consolidation.

Even if you have the expertise, looking at their quarterly reports is unlikely to help you. As my great-grandfather used to say, "a balance sheet is like a bikini; it reveals everything - except the important parts." Smile | :)
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.
-- 6079 Smith W.

GeneralRe: Oh dear, looks like another small energy supplier is going bust? Pin
Nelek25-Jan-21 4:20
protectorNelek25-Jan-21 4:20 
Generalcandidate for hyperbole of the month ? Pin
BillWoodruff24-Jan-21 5:36
mveBillWoodruff24-Jan-21 5:36 
GeneralRe: candidate for hyperbole of the month ? Pin
Greg Utas24-Jan-21 6:33
mveGreg Utas24-Jan-21 6:33 
GeneralRe: candidate for hyperbole of the month ? Pin
Nelek24-Jan-21 6:35
protectorNelek24-Jan-21 6:35 
GeneralRe: candidate for hyperbole of the month ? Pin
dandy7224-Jan-21 9:07
dandy7224-Jan-21 9:07 
GeneralRe: candidate for hyperbole of the month ? Pin
Stefan_Lang24-Jan-21 23:12
mveStefan_Lang24-Jan-21 23:12 
GeneralRe: candidate for hyperbole of the month ? Pin
Greg Utas25-Jan-21 1:38
mveGreg Utas25-Jan-21 1:38 
GeneralRe: candidate for hyperbole of the month ? Pin
MadGerbil25-Jan-21 3:06
MadGerbil25-Jan-21 3:06 
GeneralRe: candidate for hyperbole of the month ? Pin
Stefan_Lang25-Jan-21 7:40
mveStefan_Lang25-Jan-21 7:40 
GeneralRe: candidate for hyperbole of the month ? Pin
MadGerbil25-Jan-21 7:42
MadGerbil25-Jan-21 7:42 
GeneralRe: candidate for hyperbole of the month ? Pin
Slow Eddie25-Jan-21 3:11
professionalSlow Eddie25-Jan-21 3:11 
GeneralRe: candidate for hyperbole of the month ? Pin
Kirk 1038982125-Jan-21 4:17
Kirk 1038982125-Jan-21 4:17 
GeneralRe: candidate for hyperbole of the month ? Pin
Gary R. Wheeler25-Jan-21 15:05
Gary R. Wheeler25-Jan-21 15:05 
GeneralWhen twice as fast doesn't matter Pin
honey the codewitch24-Jan-21 3:54
mvahoney the codewitch24-Jan-21 3:54 
GeneralRe: When twice as fast doesn't matter Pin
CPallini24-Jan-21 4:07
mveCPallini24-Jan-21 4:07 
GeneralRe: When twice as fast doesn't matter Pin
Daniel Pfeffer24-Jan-21 4:49
professionalDaniel Pfeffer24-Jan-21 4:49 
GeneralRe: When twice as fast doesn't matter Pin
honey the codewitch24-Jan-21 4:55
mvahoney the codewitch24-Jan-21 4:55 

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