I agreed with your post yesterday, except that I think management preserving our capital & looking after themselves are similar in this instance.
CIBC target of 4c would be a relief atm.
"Meyer believes the debt holders “may ultimately determine the fate of the company and/or the value of residual equity.”
Could someone give me an objective, non emotional opinion (that would exclude you Jamwolf) of bond holders rights & options atm pls. Thanks in advance.
MBN Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held