SDA 0.00% 79.0¢ speedcast international limited

Ann: Request for Extension of Suspension from Official Quotation, page-10

  1. 16,381 Posts.
    lightbulb Created with Sketch. 761
    Where on earth are they going to find investors to stump up $300 to $500m to pay off some of the bond holder debt. What about asset sales , is that still an option.

    As most other restructures done on the ASX the existing share holders end up with around 5% equity.
    Not sure if the share price will go up or down with that senario. It may go higher as its been oversold on fears it will go into admin by its bankers/bondholders. Which may still be the case if no capital injection or buyer of assets.
 
watchlist Created with Sketch. Add SDA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.