Replies to post #6514 on Thai Airways Intl (TAWNF)

[Smilin_B]

All I can tell you is that Traders trade, regardless of the facts presented before them. Most individuals are trading this particular asset because THAI.BK has been placed under suspension until they resolve their Equity deficit. Nobody knows when the shares will be unsuspended. What's even more perplexing is the fact or the assumption that investors out of Thailand and creditors are only able to monetize by Trading the THAI.BK shares and not TAWNF. Some have you been postulated that creditors will not have access to convert their debt into the equity of TAWNF shares. But again, this is just random speculation as nobody knows the details within the Thai Airways creditor agreement.

But if THAI.BK work to miraculously reopen this morning, it would have to Gap up somewhere around 80% in order for TAWNF to be fair valued at $0.23