Sowens you stated
“… bankruptcy does not carry the same stigma in the US as it does in Australia.”
and you’re also asking “Shareholders don't like it? Would they prefer the business just close up shop?”
Let me get this right , you’re OK for management to bankrupt a company and you don’t care if the shareholders end up with nothing if a restructure is required to save the company.
As a shareholder, I’d just prefer management to competently grow the company, so that my capital is preserved and a return on investment is provided.
You have an interesting investment style.
DYOR
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