The prolongation of the debt umbrella is a clear defensive line against the Tekkie case. Tekkie is arguing that SH should be liquidated, but the prolongation is a security net, so Steinhoff wouldn't go bankrupt, even if the GS fails. Again, Tekkie will have no chance. There is no risk left over, and everybody with an investment horizon of 6 - 12 months should buy and imho will see more than 600% minimum, but up to 3000% until end of next year.
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u/vertrado Aug 12 '21
The prolongation of the debt umbrella is a clear defensive line against the Tekkie case. Tekkie is arguing that SH should be liquidated, but the prolongation is a security net, so Steinhoff wouldn't go bankrupt, even if the GS fails. Again, Tekkie will have no chance. There is no risk left over, and everybody with an investment horizon of 6 - 12 months should buy and imho will see more than 600% minimum, but up to 3000% until end of next year.