RE: 70% success rate28 Oct 2022 14:00
Hello Wolf,
you seem to be quite convinced that d4e is the only outcome of C11. However, the d4e amount is not so easy to estimate as it depends whether or not the lenders want equity. Think about it, if you were after interest % on a huge loan, in the event of d4e you would be able to get your investment back at best and no interest would be paid. Then you're in a very high risk stock so I can't see them holding on to their shares. Wouldn't it be better for the lenders to let CW carry on and get the loan paid + interest, say in 5 years or so.