Mr Kum has been at the helm of this company before. He knows how...

Mr Kum has been at the helm of this company before.
He knows how to fix it and i would rather bet that he retakes control and reaches an agreement with lenders, rather than buy shares in this company.
The alternate is a less leveraged offshore owner comes in and undercuts the contracts that presently underpin the niche business the company holds. No one would get anything then.
There seems to be a few soft debt sales going on as the lenders look to cover themself first rather than face the music of a firesale.
I am looking out for signs of where this may be happening as i see that side of the coin as a better investment - hence interest here.