Without cash flow to service the bonds they are stuffed though, whether there is asset value or not. No way they are getting sufficient cash flow to pay that interest bill in the current environment.
That's why I'm pretty pessimistic - recap would solve it but current equity goes up in smoke if that happens
- Forums
- ASX - By Stock
- Ann: Update of put option
Without cash flow to service the bonds they are stuffed though,...
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QIN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online