Inland Zdp Share Price (INLZ)

8 months to go, and 80p today, I continue to think that’s these will play out profitably, even if eventually settled by INL making asset sales plus issuing new INL shares to cover the difference.

Debt to INL is covered with security over assets of 120% the value outstanding, recently INL has written down the asset value which means they need to pledge more assets as security to INLZ, and INL has plenty of assets.

HSBC and the other secured debt is held over other INL assets, not the assets held as security for INLZ.

“ZDP shares are Listed and traded on the Main Market of the London Stock Exchange and are due to be redeemed for 201.4p cash per ZDP share (£36.45m in total) on 10 April 2024, when the Company will be liquidated unless proposals to extend its life have been approved by holders of all its classes of shares.“