Its not as simple to decide not to pay there debt obligations when they clearly have the means to do so that will not put them in financial hardship. The ramifications for not paying there debt obligations will be nothing short of filing bankrupcy shortly after. Private equity will step in and cap there upside when oil and gas to go back up but they will keep paying what they owe and keep the lights on for many many years to come. This is how this all works when you have valuable assets like oil and gas.
SEE YOU AT .30 CENTS
Looks like 70-75 per sub there paying that owuld value Nii holdings at around 7.5 billion. that leave about 2.5 billion in net shareholder equity after taking away debt and cash equivllents. Mkt cap at 100 million makes no sense after telefonicas merger. We could see huge upside coming in a short time frame.
There spectrum is somethign that cannot be created and can only be aquired, they have very valuable assets and also 10 mill subscribers. They just introduced the iphone and galagy this quater so we have to be patient. I can assue of this its in noones best interest to let this comapy file bankrupcy there valuable assets will be tied up for years. A stagetic parnership or complete sle of company will happen. Bankrupcy is not an option to the many companys that would pay top dollar for there assets and would abosb there debt very easily.
making a quick buck. This is how the markets works, short interest in stock has been falling and private equity have been swiping up shares in past couple months
There already in touch with certain holders to get the ok and announce on pr on thursday
and hint of good news and see you at 2 bucks
restruction paying 75% of face value if accepted by bonds holders, alternative is they then default and go into bankrupcy and bonds fall to 5 cents on the dollar stock will reboud greatly on this news 2 dollars plus
easy short here will contnie to short around 150k more into earnings
You sound like a bumbliing moron shut your piehole
will bankrupct this company. Sell longs and go short
no your wrong they assets arent only worth about 200 mill management cant tie there own shoelaces moronsssssss