RE: Selling out?10 Dec 2018 12:32
This Share is Un Investable as a PI as only the Creditors know where the Value is re this Company. They will no doubt be building a Stake at these low levels and they will set the Dilution and at what Cost.
I’ve learned that individual Share holders Money is low on list of priorities and worse than that / will actually be used by the Creditors / Investors with gravitas, for their own gain.
All we can do is piggy back on those people but we are not party to their decisions in Wealth creation.
The Creditors hold the Keys here because when it has all played out / They will set the Dilution vs any Stake they have built today onwards.
Hence the Equity swap not happening until 2019. This delay gives them even more Power to set the Dilution for their own gain.
Individual PI Shareholders here have been dismissed.