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Nightmarez3k

6,164 Posts.

245

23/12/22

12:08

Post #: 65429666
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Originally posted by madamswer: ↑

Bad. So bad.
But not terminal, though.

The have extricated the company's neck from the hangman's noose; now they have to somehow break the business free of the hangman's grip and flee the madding crowd baying for its blood.

If they can do that - a big "if" - then depending where the stock lands once it resumes trading, it could present a money-making opportunity for the truly hairy-chested investor.

For those looking for an analog, this reminds me a lot like the situation in which TRS found itself in 2019.
The outcome in that case was a most favourable one (although TRS didn't have the feet of its creditors planted quite as firmly on its throat as BWX has today).

But still, while BWX might be in an induced coma, it is still alive.

.

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Have you bought any yet?

Still not holding.

Not sure if this is a binary outcome or asysmetical return.

BWX Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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