RE:RE:How Much Time?No debtholder will convert and no potential shareholder will put $$$ in knowing that Sen can pull the rug from under everyone after October 24th. I doubt SPR could even do a sale/leaseback now that Sen has security ... what lessor in their right mind would agree to that lol
Zookie wrote: There is an a$$-ton of debt coming due Oct 24, I beileve? If something between now and then does not get the share price up a bit - there will be no incentive for the debt holders to take shares in lieu of $. So, we need some combo of the following - positive news, sale/leaseback of THR, restructuring of existing debt, or further infusion (haha) of $ from IB.
ScotiaOne wrote: Fellow Longs... based on the recent financing deals and historical cash burn could anyone estimate for the rest of us how much time it buys? Tough to see the SP down here again. GLTA