SDA 0.00% 79.0¢ speedcast international limited

Ann: Request for Extension of Suspension from Official Quotation, page-11

  1. 3,868 Posts.
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    there isn't really that many assets to sell @malmanu - balance sheet shows ~$200m real assets and ~$450m intangible... even liquidation would not recover the $200m... this will be a recap or sink case... I expect to see a massive reduction in relative holding levels - so dilutive, its basically a writeoff.

    Agree with @HonyakuKonyaku at least they are not on the market during this period of blood letting... it is hurting quality shares - let alone what would happen to junk status shares...
 
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