Ring in,
You are right, but look at BEC-they have used the threat of insolvency to coerce their noteholders into rolling over their notes a few months back. HSK however is not in the same position-they are sitting on a wad of cash and do not have any bank debt-HSKG is in the box seat. I can only assume they are trying to do a deal with substantial noteholders like AXO did. I will be asking for the dosh back as that was all I was ever in this one for.
HSKG only.
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Ring in,You are right, but look at BEC-they have used the threat...
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