wooduk...
"In the next twelve months the most likely events are:
• Gunns summons the undertakers and the hybrids become worthless."
See my previous posts as FIIG as indicated that after asset sales in a wind-up scenario - there would be enough net assets to pay out hybrids in full.
This not like TIMG where timbercorp went bust without even having enough $ to pay out the senior debt
wooduk..."In the next twelve months the most likely events are:•...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)