SDA 0.00% 79.0¢ speedcast international limited

Ann: Speedcast Signs Forbearance Agreement with Lender Group, page-2

  1. 2,702 Posts.
    lightbulb Created with Sketch. 475
    Looks like it will be lights out any day.

    There is no way they can manage to raise money in this market. The new debt holders will take ownership of the company or will force a massive dilution and current shareholders will be left owning next to nothing of the issued capital.
 
watchlist Created with Sketch. Add SDA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.