Sunedison Inc. (fka SUNEQ)

[Hugodrax]

>>But that's not the point.<<

>>The point here, is that after they pay down the debt and assuming that they continue in the same business with the same direction BUT BETTER UNDERSTANDING from past failures, SUNE's inherent value should rise again.<<

The math is most certainly the point.

They are paying down debt by SELLING ASSETS. Once the assets are sold they are GONE.

There are simply not nearly enough assets and value to cover the debt. Not even close. So the equity will be cancelled with 100% certainty.


>>So long as they don't dissolve the existing shares, still seems to me to be a sound hold<<<

But they will dissolve the existing shares. Completely.