Ferrexpo Slumps After Warning Cash May Run Out by End of August
· bloomberg news
AI Briefing
- Ferrexpo Plc slumped 13% after warning that it may run out of cash by the end of August
- The company's cash forecast has raised concerns about its ability to meet its debt repayment obligations
- Funding uncertainty has triggered a drop in investor confidence and a decline in the company's share price
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