valid questions that I have no definite answers to. I don't understand why BOD is doing what they are doing.... bit like Afren.
I just understand that doing what they do has been/is very bad for equity and unfortunately, not very much we can do about it unless somehow, we can get organised and sue collectively. With valid grounds.
What I am trying to get people to do here is not to spend money or energy barking up the wrong tree like what dragonfly is doing. If you want to bark, then at least bark up the right tree.
BH push back repayment date by 2 years and mark interest payable in line with POO. Better chance of getting full return and with extended interest payments in a down market. GKP use the additional revenue to fund capex which in turn provides more revenue. POO increases and BH get more interest payable. Everyone's a winner. Providing MNR pay.
All wishful thinking but in my view, I'd rather delay repayment in view of getting all of my money back if thee other option is to be returned pennies on the dollar which is where the Bonds are priced at now IMO
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.