GREY:NMKEF - Post by User
Comment by
Ciseauxon Jul 26, 2020 8:09am
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Post# 31320278
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SISP negotiations
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SISP negotiations So if creditors have a major say, then new owners and creditors can get a better deal without sharing the company with current shareholders.
Since IQ is a creditor (50M?), that means Fitzgibbon would be in the loop of the SISP. That would explain why he said a month ago that he knew that the bids were not even covering all debts and that shareholders were getting $0.
I thought the winning bid was picked only by the board of Nemaska... That changes things.