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koen2

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koen2

Re: MisterEC post# 1712

Tuesday, 04/04/2017 4:48:48 PM

Tuesday, April 04, 2017 4:48:48 PM

Post# of 2606
This company has never been on life support.

Since the price of oil went down sdrl borrowed not a single penny more.

They had every quarter a profit + nice cash balance.

ONLY problem debt load and going to mature as early as june.
And so they don't have enough cash to last it trough.

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