Lets cut a LONG story.... SHORT5 Jan 2022 18:54
The subject header implies long lth vs shorters. kinda works.... sort of. anyway
with all the soap operas and story books set aside, shorters here simply beleive the company will need to do a debt restructure, which they hope will be a debt for equity deal im assuming. Thats where the 5p, 1.5p comes into it.
TBH, its an option - we cannot avoid that, and looking for possible indicators for this to happen for the average PI is impossible to identify early. We could look for TR-1s perhaps? Yet i would 'assume' that major investors would be part of the negogiating table and would come off far better than us.
we can talk about bums on seats, new releases, streaming versus cinema all day long, yet the biggest question of all is... will they need a debt restructure, and if so, when, and what will this look like, bearing in mind the worst case scenario that our shorter friends are banking on, whether the SP is at 40p, 90p, 120p.
That's basically the call guys, everything else is just talk. Will there be a Tsunami or not, and is there anything those going LONG can do in order to see it coming (if it comes).
There will only be one winner as our shorter friend @truant has pointed out. He's no wiser than anyone else here. Its a gamble yet if you can see how they wont debt/equity swap and give justification as to why, then your wiser than me.
cautiously optimistic holder.