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In response to
"How sure are you about that? It's already owned by the Chinese, who may be over their curve already -- nm"
by
con_carne
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Regardless of where the owner is, it's a matter of debt load (high) and expenses still accruing such as rent vs cash flow (practically non-existent)
Posted by
JD (aka Jason Dean)
Apr 6 '20, 12:51
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that's pretty much going to drain AMC dry. Similar to a bunch of cash flow dependent business such as restaurants.
Without any day to day income, it is just a matter time. Similar to the so called runway for startups.
Even if China gets some type of attendance and cash flow going in the near future, that's a small fraction compared to their outgoing expenses globally.
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