Thank you Gomog. One observation on the comments you highlight.
"The latest (2021 as 2022 is pending) news is that MMC still has its HSBC loans AND a 10 million credit facility put up by its new owners". Whilst operationally the InIn £10mil credit line is great to allow MMC breathing room for the on-going development this is in effect just extended debt the company will carry moving forwards ? Unless InIn move the company on and write this amount off as part of the assumed resale at some point in the future they are just deeper in debt at this point. Some brave moves I guess.
The £2m and £10m government investment seems an interesting side story. By ratio of company size they seem quite large. However in a self-interested way I am pleased some tax £ went to the UK in a special case. I am guessing they could have been used for a lot of other things (potholes, health, training the living workforce etc) but once in a while it is nice to see something of the UK plc being preserved! (as well as the jobs) /sorry
Everyone loves a Morgan. Even me, unless it's broken again.
