Should GM avoid BK...

Discussion in 'Stocks' started by DanR, May 16, 2009.

  1. DanR


    does anybody know when it is expected the issue of the new shares for shedding the debts?

  2. m22au


    My understanding is that no specific date has been set for the issuance of over 60 billion (!) new shares

    However the Govt restructuring deadline is 1 June, so one would assume the share issue would need to take place on or before Friday 29 May.