GREY:TBTEF - Post by User
Post by
uwinsomeon Jun 02, 2016 7:15pm
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Post# 24929252
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Hints...Missing in their recent media notes releases is that the company may cease to exist as a going concern. The fact that the banks granted a longer extension rather than the last two 24 hour notices is indicative of them being more optomistic that something positive is in the works.
I doubt that there would be all of this build up and a real chance of a news leak to insiders if a sale of the complete company was going to take place.
My gut instinct is that a debt restructuring will take place or a partial asset sale. Maybe both.