Melnibone
- 22 Dec 2003 14:50
- 3 of 3
I would advise any investor to stay well away from TWT
until the Debt for Equity swap has been completed.
Banks and Bondholders are going to leave the shareholders
with a max of 3% of the company.
Some say it is already priced into the shares. Don't you
believe it.
I would expect a 50% drop in price just for starters, based
on market cap at this share price.
It would also be advisable to find out what would happen
to your shares when it is a US company that is primarily
traded on the US market in Dollars.
I repeat, unless you are an experienced trader who knows
exactly what you are doing, forget that this share even
exists.
Melnibone