Jessops Shares soon to be Worthless

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CraigF

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I know they are practically worthless just now but any successful restructuring of the Company will only be done if the Lenders are issued New Shares as collateral.
Basically it means anyone with shares will find them worthless and will not be issued New Shares as the new shares will only be issued to the lenders.

I personally think Jessops will be closing in the very very near future.
 
already posted elsewhere i think
 
CraigF said:
I know they are practically worthless just now but any successful restructuring of the Company will only be done if the Lenders are issued New Shares as collateral.
Basically it means anyone with shares will find them worthless and will not be issued New Shares as the new shares will only be issued to the lenders.

I personally think Jessops will be closing in the very very near future.
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Not true. They can't just tear up the old shares and issue new ones :lol:
 
I once bought a house and the seller was in a nursing home but passed away shortly after, We found an old leather suitcase filled with all sorts of shares.

I thought ,woo! wonder if there are any Reuters shares there.
I was going to work so thought I'll have a look when I gt home.

Dot through em in the bin, on bin day didn't she.:eek:

Wouldn't have been anything there ,she said.:bang:

Men are from Mars etc.:bonk:
 
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