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World Stock Markets Trading Discussion - Bland bleating


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First casualty of the oil price drop FTSE 250 component AFREN will know it's fate by 5pm London time today... 

 

A $100 million company needs cash of $200 million just to keep afloat for the next year. Would you lend a company $200 million knowing they cannot pay it back or any interest until the oil price goes back to $100 a barrel? and you will be on the hook for bonds and interest due in 2016 as well if the the oil price has not increased by then,

 

http://www.cityam.com/208145/timeline-what-went-wrong-afren

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