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MisterEC

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MisterEC

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Re: bigdog121 post# 1311

Tuesday, 10/03/2017 7:33:47 PM

Tuesday, October 03, 2017 7:33:47 PM

Post# of 2606
Seadrill Bankruptcy: History Tells Us That Shareholders Will Get Nothing

Seadrill Bankruptcy: History Tells Us That Shareholders Will Get Nothing

Summary

I examine four previous bankruptcy cases in the offshore drilling space.

In all cases, shareholders got nothing or next to nothing.

All attempts to save shareholders' stakes in these companies did not succeed.

Oh really Mr Smarty pants a Billionier invest 510 million and he's gonna let it plummet back down to 2 sure ya okay.



Seadrill Limited Ord (SDRL)
0.3675 -0.0025 (-0.68%)
Volume: 4,428,797 @ 5:59:32 PM EDT ET
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