MUN
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0.00% 4.8¢ mundo minerals limited

re: Ann: Court approves protection for Brazil... Goarmy, they...

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  1. Alex999
    3,827 Posts.
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    29/12/11
    06:04
    Post #: 9491200
    re: Ann: Court approves protection for Brazil... Goarmy, they are not in bankruptcy, they are seeking protection from bankruptcy (and for 6 months, requirement to pay interest) They are doing this because they think assets worth more than debt owed and don't want to lose them. GM did the same/similar thing in the US. It remains to be seen what they are worth. Good news about the CFO - less costs for shareholders to pay.
    MUN Price at posting: 4.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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