Replies to post #1622 on Seadrill Ltd (SDRL)

[MisterEC]

It is not even a good buy at a penny, IMO, right now. A penny can mathematically be divided up very small.
Seadrill -18% as complex restructuring talks take longer than expected

"Documents released by the company show that the proposed restructuring depends on a surge in rig rates over the next several years to be successful."

Seadrill: Restructuring Update
Of course if you think billionaire John Fredriksen is on your side a gives a big rusty fook about you...