PPRuNe Forums - View Single Post - Hard times for Norwegian
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Old 9th Apr 2020, 17:51
  #237 (permalink)  
Join Date: Jul 2007
Location: World
Posts: 2,091
Judging by the way some people are writing here you would think that Norway owns 60% of the company, while they only have 6% of the shares. Hardly relevant.
Considering the market value of the company that 6% is worth less than 10 millions euros, which is the equivalent of less than peanuts, enough to run the company for maybe 2 days. With a debt of what, 6 billions eur?
The more I look at the number the more I realize that government loans are not going to be enough.
If they want to survive they need a monstrous full blown bail out, not a guaranteed loan of a few hundreds millions.

Last edited by dirk85; 9th Apr 2020 at 19:13.
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