Latest Views & News

The Remaining Options for Cineworld (they are all grim!)

By Evil Banksta | Tuesday 13 September 2022

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.

We all agree that Cineworld (CINE) is bust, however, the shares are trading and currently have a value (3.80p at pixel, equating to a £52 million market cap).  Obviously, if Cineworld goes into administration then it's game over and the shares will be worthless.  But it's possible that there is a small amount of value left *IF* Cineworld successfully implements a debt for equity swap.  This value is referred to as “frustration value” but Cineworld’s shareholders may not even have that anymore!

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



The ongoing saga of woe at Saga



The ShareProphets Sunday Pub Quiz #160



Gyrations at Victoria Carpets



GOTCHA: admits it is fucked



Stuff happens but we are not stuffed



The ShareProphets Sunday Pub Quiz #159



Challenges continue at Ocado



Iconic Labs – back from the dead?



Pure Gold – Pure Ramping!

Sunday »


The ShareProphets Sunday Pub Quiz #158