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It's not exactly the same. Hertz was actually in bankruptcy, making all equity shares essentially worthless by definition. That's much more problematic than the
by CPLX 6y ago
It's not exactly the same. Hertz was actually in bankruptcy, making all equity shares essentially worthless by definition. That's much more problematic than the scenario described here.
- o-__-o 6y agoAMC is a better example, they offered new shares while the price was 3 or 4x of their lows