The financial restructuring, if approved, will end up in a massive dilution of existing shareholders. We calculate that the value of existing shares could reach as low as €0.072, while the psychological impact of the deal could bring it even lower. Solocal’s history proves again to be a complex one, with hopefully a sound financial structure at last post restructuring…provided the pandemic comes to an end soon.
06 Jul 2020
Yet another financial restructuring
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Yet another financial restructuring
Solocal Group (LOCAL:PAR) | 0 0 0.7% | Mkt Cap: 635.9m
- Published:
06 Jul 2020 -
Author:
Fabrice Farigoule -
Pages:
3
The financial restructuring, if approved, will end up in a massive dilution of existing shareholders. We calculate that the value of existing shares could reach as low as €0.072, while the psychological impact of the deal could bring it even lower. Solocal’s history proves again to be a complex one, with hopefully a sound financial structure at last post restructuring…provided the pandemic comes to an end soon.