SDA 0.00% 79.0¢ speedcast international limited

BL to all holders... two cowboys come in to save the train wreck...

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  1. 3,889 Posts.
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    BL to all holders... two cowboys come in to save the train wreck left by JP...

    such a terrible result for holders... customers get to continue and the business gets sold to creditors for 300m without compensation.

    This wasn't a large holding for me, but at least now we have the capital loss as a certainty... soon

    Realistically - is there any point in a class action???

    What part of the executive team / board actions would be deemed criminal and likely to see success - with compensation to come back to holders? They simply paid too much for assets at the top of a cycle... and then were left with too much debt when the bath water was let out.
 
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Currently unlisted public company.

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