I agree with your point. However, there's potential value in the wind-down of Digital 9 Infrastructure, provided they can sell their assets at favorable prices. The main concern lies in whether they can achieve this. As of now, no specific date for delisting has been announced, meaning they are focusing on asset sales to manage their debt obligations. Successfully doing so should buy them more time to secure better prices for remaining assets, ultimately maximizing value for investors
Thanks for the article, although I'm slightly confused as if Digital 9 is in managed wind-down, I don't think there's much growth prospect ahead. From what I've read they've just replaced the former manager, Triple Point, that got into this mess, with InfraRed, and InfraRed is focused on selling off the remaining assets. There could be some value here if the assets sell for more than what the market is currently pricing in - and the recent purchases of shares by InfraRed execs may be a positive signal for that. But Digital 9 is still in forced seller mode, and that's not a good position. Personally I'm staying well clear!
I agree with your point. However, there's potential value in the wind-down of Digital 9 Infrastructure, provided they can sell their assets at favorable prices. The main concern lies in whether they can achieve this. As of now, no specific date for delisting has been announced, meaning they are focusing on asset sales to manage their debt obligations. Successfully doing so should buy them more time to secure better prices for remaining assets, ultimately maximizing value for investors
Thanks for the article, although I'm slightly confused as if Digital 9 is in managed wind-down, I don't think there's much growth prospect ahead. From what I've read they've just replaced the former manager, Triple Point, that got into this mess, with InfraRed, and InfraRed is focused on selling off the remaining assets. There could be some value here if the assets sell for more than what the market is currently pricing in - and the recent purchases of shares by InfraRed execs may be a positive signal for that. But Digital 9 is still in forced seller mode, and that's not a good position. Personally I'm staying well clear!
Are you American?
Nope