![](https://investorshub.advfn.com/uicon/36994.png?cb=1542598334)
Saturday, May 15, 2021 12:40:28 AM
creditors voting yes is the only thing stoppin this deal no?
Creditors coming to terms/negotiating to come to a mutually agreeable solution with Thai Airways, so that the company can continue to operate.
The solution is anyone's guess right now, so the common shares are a speculative bet that the agreement will be favorable. And by that I mean that common stock holders/traders/investors are buying shares hypothesizing that the common stock will benefit from the decision versus be diluted due to it.
Remember, these creditors and bond holders are being asked to waive payments for 6 years. I'm not sure about anyone else but there would have to be a substantial issuance of new equity (at a discount) to creditors and bond holders to keep them at bay for this length of time. I'd be shocked if this wasn't part of the plan - and that would be a good case scenario indicating that the commons will survive and hopefully benefit once this dilution passes.
No one knows anything at this point in time, so it's pure gambling until the decision arrives and is favorable to common share holders.
Good luck everyone!
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM