The picture is much clearer for the hangers-on. The top 6 get paid $3.4B in cash and Citgo is not auctioned off if the Supreme Court agrees with Vz. RML is in 7th place with a $1.8B judgement including interest. Tricky spot for RML investors. RML will be on their own and will be costly to pursue.
I call it the V-MIS (made up the Mnemonics) the Vegas-Mentality Investment Syndrome.
Your Risk Factor (Subjective)
If you had a chance to make a buck for every dime (30 cents vs $3) you put up, would you be in if you had a 50-50 chance of winning? or what if it was 20-80 or in between, or less even. What range of risk do you think RML is at regarding V-MIS? RML has about 600M shares out. I see RML cutting a deal so $1.50 net? Or wait a very long time and litigate. The Supreme Court result will be the key obviously. Oct 25.
Just musing.
