Re: Internet Share Trading : Wed Nov 23, 2011 4:16 pm
Not the sort of share I'd hang onto for more than a week or two. I would guess the most likely scenarios will be either:1. Conversion of debt to equity (diluting shareholders interest); or
2. Rights issue (shareholders throwing good money after bad) ;or
3. Selling off the company cheap (if a buyer can be found); or
4. Banks to put into administration to maximise their return and administrators to flog off profitable bits (with shareholders wiped out).
All scenarios, IMO, look bad for anyone who does get in and out quickly.