Thanks for your comments and it's very right.
The recent 8K shows cash around 98B, and debts subject to compromise is around 311B. Huge difference between them.
There're two schools of thoughts on lehnq board. It seems that our thoughts are minorities. Most of them believe that cts will get post POR interests.
Someone believe that JPM is our trustee ,and holding 1.5B(1.2B FV + 0.3B interest), so Cts will be paid in full.
Someone believe that senior creditors will be satisfied in full due to post- POR 53B. After POR, CTs will no longer relocate, if there is any residual assets left, the distributions to seniors.
I think you're smart, and sold most of them. Thanks again for your comments.
GLTY for your other investments.
