SGH 0.00% 54.5¢ slater & gordon limited

D4E ratio, page-304

  1. 4,719 Posts.
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    "if the business is not profitable, why then is anchorage capital even attempt to revise it."

    Because they have bought the (secured) debt at a a huge discount to the face value. They are in this for themselves, not to save the existing shareholders.
 
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