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MisterEC

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MisterEC

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Re: bigdog121 post# 1317

Wednesday, 09/21/2016 12:52:02 AM

Wednesday, September 21, 2016 12:52:02 AM

Post# of 2606
Seadrill - Restructuring Deal Announcement Now Expected In Early December
Seadrill - Restructuring Deal Announcement Now Expected In Early December

Summary

Providing different scenarios for John Fredriksen's potential course of action.

Substantial dilution for existing shareholders basically a given.

Bankruptcy proceedings might be needed to overcome dissenting bondholders.

Expect North Atlantic Drilling to be folded back into Seadrill.

Investors should remain on the sidelines until Seadrill has made its plans public.

Fredriksen will save us, he is a Billionaire
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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