SGH 0.00% 54.5¢ slater & gordon limited

D4E ratio

  1. 4,427 Posts.
    lightbulb Created with Sketch. 77
    ok. The D4E is 99% going to happen. The only question remain is. What's the swapped ratio.

    Atlas iron swap ratio was 1/2 the debt for 70% of company

    Alina energy was. All debt for 80%

    For SGH. The following issues will determine the swap ratio

    PRO

    lender bought debt on the cheap, so they are more likely to be lenient

    equity is negative on paper, but in reality. It is still worth something

    business can be profitable if given time to recover

    staff and management own shares too


    CON

    equity is negative

    hedge fund are sharks

    class action hanging

    company yet to make a profit




    contribute pro and con here. We'll weight it up.
 
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Currently unlisted public company.

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