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0.00% 79.0¢ speedcast international limited

Ann: Speedcast to recapitalise through chapter 11, page-6

  1. cyw
    3,313 Posts.
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    23/04/20
    19:53
    Post #: 44220599
    With their level of debt, there is no chance in hell shareholders will get anything if it is liquidated. I am not that familiar with chapter 11 in the USA but I have seen some companies came back to life after chapter 11. Would it then be a new company and the previous shareholders lost everything?
    SDA Price at posting: 79.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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