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Avanti Communications Shafts its Bondholders

By Lucian Miers | Sunday 18 September 2016


Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


A few years ago when listed high street retailers were going down like ninepins they would invariably have the decency to inform shareholders that their equity was worthless shortly before implosion. “Little or no value” was the usual phrase.


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