I sense Dick Smith v.2 coming on..., page-3

Growing more and more unlikely. Multiple hedge funds buying the distressed debt means they all have to do certain things -> with DSH, one PE firm bought it and IPOd. Hard to do this is theres multiple funds all buying a slice of the debt. Not to mention biggest lenders haven't sold yet.

"Sources said the listed business was unlikely to collapse and that the most probable outcome was the recapitalisation of the company, given that it was not in the bank’s interests to see the business fail."

but keep posting stuff about "Dicks" and "Smiths", thanks