Let me add that Chanos is a well known shorter and your assessment that he is talking his own book is spot on. FMG had a lot of debt at one point and this group shorted the living crap out of it and look where FMG is now. So, in short companies can survive with high amount of debt and in fact thrive as well.
MSB's Potential Partner, page-5
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Last
$1.40 |
Change
0.045(3.33%) |
Mkt cap ! $1.592B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.42 | $1.33 | $3.802M | 2.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23940 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 22571 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |