RE:RE:RE:RE:Wait for price consolidation folkYou are right that bondholders get paid first.
But Maxar worth something because they bought Digital Globe for 3,6 billions (2,4 billions + 1,2 billions of debt). Maybe with 1 satellite down, it worth 3,2 billions, around their debt.
The value of shareholders after that is their SSL, MDA and Radiant divisions which together worth around 1,7 billions.
About Digital globe acquisition (2 years ago) :
MDA to purchase DigitalGlobe for C$3.1 billion (US$2.4 billion) in cash and stock, plus the assumption of C$1.6 billion (US$1.2 billion) in net debt.
Each DigitalGlobe common share will be exchanged for US$17.50 in cash and 0.3132 MDA common shares, valued at US$17.50 based on MDA’s closing stock price of C$73.40 on February 16, 2017* and a C$ / US$ exchange ratio of 0.7612.