I as usual know little. Just used Jim's figure. But if sgh only owe $100M now then there would have been say $400 to $700 M written off. Or swapped for 66 M shares. If the writeoff was $660 M then they valued each share at $10? Or is that 10c each? Even at $10 most LT holders would be losing a lot what with their atrophied bundles of shares.
Ann: Becoming a substantial holder, page-98
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