STX 4.65% 22.5¢ strike energy limited

Hi wotYes it is bad luck for Mac Bank, but it's worse for all...

  1. 510 Posts.
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    Hi wot
    Yes it is bad luck for Mac Bank, but it's worse for all the poor STX shareholders whose share price has been halved.

    And how about the $12.4M fee STX paid for tranche D that looks like it will not be drawn down.

    Let's see how much Mac Bank charges STX for renegotiating the facilities. And presumably that will be a big swag of oppies with a low exercise price.

    Maybe that CR idea isn't so bad after all.



 
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