I don't think the banks would be very happy with that situation continuing for any length of time. By now the receivers would need to be able to show that there are more than just tyre kickers picking over the ruins of DSH, otherwise the lenders will pull the pin. $3M a week is a lot to lose along with the ongoing costs of Administration and Receivership. I think if I were a DSH employee I would be seriously seeking alternative employment now. Enough time has passed for potential buyers to show their hand.
DSH Price at posting:
35.5¢ Sentiment: None Disclosure: Not Held
