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AUTHOR
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8
member
8/10/18 10:15AM
Re: Re: Ch 22
7
I think getting $400mm for FPD would be aggressive, but if they did that and wiped out their TL, they would still have a FCF -ve business, prefs puttable in 2021, a big pension hole,... login to read the rest
Ch 22 coming IMO - going concern warning, refi TL with exist lender into 18-month brige, trying to sell one decent business, and in scummiest move I've seen in a while they pushed their money
Is there any guess how much KODK will raise via this ICO? Maybe it buys them more time...?
price rise seems excessive, but on first glance nowhere near as excessive as LFIN or RIOT...
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