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Posted (edited)

Hmm, from some of the comments on that site, I would say this should not be a surprise, seems the writing was on the wall for a long time already, it was just thinly disguised.

 

When your major creditor calls in their loan, things are not "mildly pear shaped", they have already collapsed and creditors are scrambling to limit losses - sad, but it seems their business model, price and delivery was all in a mess for a while, small niche manufacturers cant survive with those issues.

Edited by GrumpyOldGuy

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