GREY:STPJF - Post by User
Comment by
rad10on Sep 05, 2014 2:19pm
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Post# 22910699
RE:RE:RE:RE:RE:RE:July production out of McKay
RE:RE:RE:RE:RE:RE:July production out of McKayAbsolutely - we saw what happened to Aspenleaf's proposal a couple of weeks ago with the failed run at Arcan. Debenture holders not prepared to throw equity holders a bone - and the deal was comprehensively rejected by all stakeholders.
Things are a little more desperate at STP - a similarly structured offer might be received differently.................