Looks really knife edge to me on viability. The AR has extensive GC modelling and I think they're in a Test 3 situation. I presume the properties to be sold are collateral for the HSBC overdraft so won't necessarily flow back into the business. Suspect training systems effectively being shuttered.

I'vve sold the remainder of my holding in #PEN.L this morning, don't have much confidence in their ability to turn things around unfortunately.

Yes, I agree with you, very poor really and a shame that they've not managed to deliver.Yes, I agree with you, very poor really and a shame that they've not managed to deliver.