GHA Group (Bryn Melyn, Vale Travel + Others)

[Mayneway]

RE: GHA Group (Bryn Melyn, Vale Travel + Others)

(28/09/2016 13:14)mikestone Wrote:  Since running more than the tenders called for seems to have been at least in part responsible for GHA running out of cash I can't see anyone else trying it.

This was inevitably GHA's downfall. They seemed to believe it was better to look like they were doing well rather than actually doing well in the sense that they were running a successful business.
Clearly they ran tenders at a loss to keep hold of them and again the fear of loosing contracts to the compititon lead them to register contracts commercially that in theory wernt commercially viable - suicidal.