Ace re
Aceuk - 27 Dec'06 - 14:15 - 9943 of 9959
"I viewed this news as positive insomuch as somebody has been found to take the risk Flutiform will fail with hard cash."
That's precisely what they have NOT done as evidenced by the fact that the security granted was on prducts OTHER than Fluti supported by a strangling negative pledge and a prior consent clause.
Similarly re
" btw for a business (of much longer standing although lesser cap) the banks starting point for rate negotiation is 4 over base, that is for a company of imo zero risk which has zero debt and owns its own premises (unlike SkyePharma)."
I don't know who you bank with but those terms indicate that they are not trying very hard to retain your business.
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