how many chance of surviving?, page-2

Ouch. Sorry to hear. I hope they come out of it.

Just one piece of my mind:

I have been burnt like this before. Imo stay away from all the weak financials. Sure, 1 out of 10 might make it but it's not worth it. Much better to invest in low geared, high cash flow businesses. There just is no point in gambling in a bear market, the only good thing is to buy high quality bluechips for when the market turns, they bounce the hardest out of the block and their downside is limited.

Please avoid doing trades in bear markets, only burnt fingers, too much uncertainty.

It simply isnt worth it.

And in my opinion, BNB probably won't come out, so the money is a writeoff.

It's been extremely rare for CCC+ rated companies to not go bankrupt. And with BNB, they just have no more income, they have zero chance.