Good news is they have lots of assets but bad news is lots of debt. If they can drip feed creditors then the assets will in time produce and the SP will climb again. If the creditors want their money ASAP they will be forced to sell assets at best or any price. That is where the fire sale ? comes into play. If the creditors all want their money ASAP that is when we the shareholders get the shaft and lose out.
Anyway that is a few months off again so Monday will be a day for players or not. I expect a few to play but not game to pick a trading spread.
Good news is they have lots of assets but bad news is lots of...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)