Looking at the winners and losers from the last debt renegotiation, I'm going with no.
Of course its easy to comment without knowing the ins and outs of the deal and remembering the state of the industry at the time. But even at the time it was extremely generous to the bondholders.
LYC - a takeover theory, page-16
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Last
$6.13 |
Change
-0.030(0.49%) |
Mkt cap ! $5.729B | |||
| Open | High | Low | Value | Volume |
| $6.16 | $6.20 | $6.10 | $18.66M | 3.037M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16114 | $6.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.14 | 24774 | 3 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |