ETW 0.00% 2.4¢ etw corporation limited

capital restructure, page-6

  1. LZA
    1,858 Posts.
    ETWG; thing is that on maturity in a few months the company is obligated to redeem at $1 cash value. Why would noteholders accept 46c worth of shares at this time ? does not make sense to me.
 
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Currently unlisted public company.

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