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20-03-2012, 09:07 PM
most likely they will refinance. but from alot of people here especially Contrarian the problem perhaps is the integrity of the management to work towards the long term good of the shareholders.
i agree the situation is different from 2005, but the management is the same and what we are afraid of is that a leopard cannot change its spot.
they will say the debt is non recourse.
i agree the situation is different from 2005, but the management is the same and what we are afraid of is that a leopard cannot change its spot.
they will say the debt is non recourse.
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