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cave canem
Mississippi St. Fan
land o sand
Member since Oct 2012
6408 posts

re: Seadrill Bankruptcy
No idea on when, they will last until the creditors pull the plug and realize their loss.

They don't have the luxury of Chapter 11 and a Swiss bankrupcy can be triggered by any single one of their creditors, a very fragile coalition to try and hold together.

LINK

It can get weird where one or more creditors will pay off another to stave off realizing a loss.


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TimeOutdoors
Member since Sep 2014
1845 posts

re: Seadrill Bankruptcy
quote:

ll I lost $2,000 on Bank of Greece, NBG, now known as NBGGY


Well if it makes you feel better I was closer to 8k.


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LSUneaux
New Orleans Pelicans Fan
NOLA
Member since Mar 2014
1928 posts

re: Seadrill Bankruptcy
Spinoff: when would be the right time to buy back into Seadrill for speculative reasons? When does the 2% conversion happen?
This post was edited on 10/4 at 9:18 pm


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