Post by
mjh9413 on Mar 28, 2023 3:41pm
NEW LOAN
Not seen one like this before but is it good for existing shareholders? Antyone?
No mention either of the deb repayments but only talk of growth thru acqun...od id I read that wrong?
Comment by
litmo65 on Mar 29, 2023 12:59am
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Comment by
Barnie1 on Mar 29, 2023 3:28pm
I'd say it is a round about take over bid.
Comment by
Dixiedee on Apr 08, 2023 10:34am
it will become a take over once they fall behind on their loan payments this is an attempt to save the debt holders not the shareholders that being said the shareholders could benefit the company has a good chance now of surviving but existing shareholders will be very diluted but not bankrupt now good luck to all shareholders
Comment by
mjh9413 on Dec 01, 2023 4:29pm
Sandton lending (wot?) 4x market cap at interest rate compamy cannot ever afford and it has to be in cash. This seems like another AKUMIN when debt holder will get all of the company it wants under bankruptcy, Sayonara IMO
Comment by
Dixiedee on Dec 21, 2023 3:45pm
Just a matter of tie before chapter 11