FF
I wonder if they had previously tried to get extensions from the banks and were rejected. They then entered this rediculous refinance and recap plan to force the banks to make a move???
Also my understanding of the agreement with GSO is that the board are prevented from making solicited approaches to other parties- not unsolicited. This meaning that they are able to consider other offers from anyone but they can't go out spruiking for this.
I also wonder if there was some sort of confidentiality agreement with Blackstones during the negotiations- that's why we didn't hear anything about this process. Maybe I'm just looking for a way to forgive this non-communicative board.
PS when are you coming back in? I hope you do. All the work you have put in on this. I have had my finger on the mouse click button hovering over the "sell" so many times this year.
- Forums
- ASX - By Stock
- ARI
- Lenders Last Chance to Save "The Scalping"
Lenders Last Chance to Save "The Scalping", page-2
-
- There are more pages in this discussion • 25 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 ARI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online