100% equity to Lenders, page-114

Another from note 1.2, $20m of the debt required august 17, $10m in feb 18 and $421.4m may 18 and $286.2m March 19.

Also from the announcement, they have stated that they cannot pay the facilities in may 18 or earlier.

What is $760 000 000 (debt) / 10 cents (share price)?

(again with the zeros) 7 600 000 000 shares.

So 7.6b shares plus 350m on offer = 7.95b shares or 7 950 000 000 shares.

Let me know if my maths/figures are wrong.

Company val will be interesting. To stay listed is to stay exposed to ca?

This is not to rub anyones face in as I have lost on this incompetent management. Just running some numbers...

Now I can only speculate here, if the banks swap debt for equity, the existing shareholders who are also SGH employees will have been ripped off in aquisition deals etc if they had not been able to liquidate positions because of contract agreements etc. They may be pissed and walk.

By keeping the company listed it is still in the throws of the class action/s coming to pass is it not?

Also, they will only get money for quarantined assets which are profitable. Non-profitable ones will not go for enough money to pay down debt. Australian arm still profitable but fell 17%.

Just trying to get clarity here.....