Have any holders considered the possibility that SDL could end up in some form of company administration? If a funding solution is not available what is the SDL strategy?
Are any holders worried by the current cash burn when compared with the cash balance and outstanding debts?
Will the holders of the convertible debt notes subjugate their rights to the benefit of SDL shareholders? If so why? And if not doesn't this mean a likely outcome (in the case funding is not currently available) is administration?
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Security Issues Explained, page-100
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