In the absence of any broker research, I’m takking a guess on what the price target could be.
Assumptions: 1. Close-down is US business - redundancy costs of the US team and getting out of the LA office lease. 2. GCI and 255 calling in the debt - winding down the loan book. 3. Some firms defaulting resulting in bad debts.
Price target = 3c (based on what could be left after liquidation per above assumptions).
