SDA speedcast international limited
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The problem with a rights issue is that the debt dwarfs the...

  1. optimistus
    5,432 Posts.
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    30/03/20
    22:20
    Post #: 43784797
    The problem with a rights issue is that the debt dwarfs the market capitalisation so any rights issue might need existing holders to tip in cash to the current value of their shares to even make a dint in the debt.

    I suspect their bankers will be directing traffic from here.
    SDA Price at posting: 79.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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