Regal Partners Ltd V.RPL

Can We Get Back To Reality

[InvestorSuperfan]

I don't know (and I suspect no one else who posts on this board) knows what options are available to RPL. I suspect the only ones who know are the financial advisors (perhaps briefing the BOD and CEO as they do their work.....?). Is there one or more companies interested in one or more RPL assets? How much are they offering for the assets? Is the offering price too low, around fair market value, or at a premium? How key are these assets to the future or RPL? If RPL is getting lowballed re. asset sale prices, should they sell the assets anyway instead of cutting the dividend? Has any company presented a takeover offer, and if so, what would be the share price equivalent be for RPL shareholders? If RPL feels the offers for their "non-core" assets are too low yet want to keep the dividend, how do they pay down debt AND fund the capex to fund existing production and increases in production? What do the banks think? Will they increase their credit facility? If not, how much debt do the banks want to see paid down and by when?   The only thing I think we can say is this: Banks do not like to send companies into bankruptcy - they would much rather keep the company going so they can get all their money back with interest. A company goes under, and the banks are either stuck with the assets that they don't want and try to sell for whatever they can get, or deal with the bankruptcy judge to see how many cents on the dollar they can recover. Banks do, however, do need to see a credible and realistic plan going forward. I suspect the banks will want to see immediate action to reduce debt, not future promises that may or may not be kept.