InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,640.80
(
0.00%
)
Dow Jones
39,387.76
(
0.85%
)
Brent Oil
84.16
(
0.25%
)
Bitcoin
63,039.67
(
-0.01%
)
Post# of 2606
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

MisterEC

Send PM Follow Ignore
Followers 27
Posts 8854
Boards Moderated 0
Alias Born 04/09/2001

MisterEC

Member Level

Re: None

Monday, 04/09/2018 12:17:09 PM

Monday, April 09, 2018 12:17:09 PM

Post# of 2606
No Surprise unless your a Big Dog (Who ran away with his tail between his legs)
Seadrill Reorganization Obtained Near Full Support From Creditors

Current shareholders to receive 2% of reorganised equity in Seadrill Limited (before Structuring Fee and management incentive plan dilution)

If the Court confirms the amended restructuring plan in June, 2018, then shareholders will get ~1.9% (after deducting some residual) and get the opportunity to continue to participate in the new company Seadrill. Seadrill is now expected to exit Bankruptcy early August 2018.

The question is: What will be the value of your SDRL shares after the company completes the restructuring?
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent SDRL News
More SDRL News
InvestorsHub NewsWire

VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM

Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM

Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM

Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM

Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM

Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM

Start posting your company's news
Only $200 per official company press release!