Dancer they call it a recapitalisation to repay creditors and continue as a going concern. I don't expect any new money to come in so I would interpret that as creditors being given ownership of the company in order for the operations to continue. Its possible that shareholders get given something, perhaps 5 or 10% of the recapitalised business. That's my interpretation based on the limited detail given. There certainly doesn't seem to be any mention of maximising value for shareholders in this one.
- Forums
- ASX - By Stock
- CCC
- they are confident
they are confident , page-3
-
-
- There are more pages in this discussion • 9 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug