E.g:
Company A went bankrupt due to poor management. When insolvency, asked Company B, Company C, D person, E person, whether to acquire or provide funds for Company A.
I hope to increase this feature.
Company bankruptcy function suggestion
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poertc
- Level 2 user
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leolisboa
Re: Company bankruptcy function suggestion
I had thought of that too, that's a good idea. Because for example if this company has technologies that interest me I can buy it to keep them.
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james88
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Re: Company bankruptcy function suggestion
Could you not just buy said companies shares once they reach a desired P/B ratio?
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megapolis
- Level 6 user
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Re: Company bankruptcy function suggestion
In my practice there were situations with bankruptcies where they were immediate without any apparent reasons. (AI decided to bankrupt company that had -200M net worth with more than 100M cash on hands)
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james88
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Re: Company bankruptcy function suggestion
The only way I could see this happening would be due to the repayment of a bond.megapolis wrote: Fri Dec 27, 2019 1:30 pm In my practice there were situations with bankruptcies where they were immediate without any apparent reasons. (AI decided to bankrupt company that had -200M net worth with more than 100M cash on hands)
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megapolis
- Level 6 user
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Re: Company bankruptcy function suggestion
It does not matter. What matters is that it was unexpected and immediate. (which is what the topic is about)james88 wrote: Fri Dec 27, 2019 1:35 pmThe only way I could see this happening would be due to the repayment of a bond.megapolis wrote: Fri Dec 27, 2019 1:30 pm In my practice there were situations with bankruptcies where they were immediate without any apparent reasons. (AI decided to bankrupt company that had -200M net worth with more than 100M cash on hands)
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james88
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Re: Company bankruptcy function suggestion
Sorry I misunderstood the post.megapolis wrote: Fri Dec 27, 2019 11:09 pmIt does not matter. What matters is that it was unexpected and immediate. (which is what the topic is about)james88 wrote: Fri Dec 27, 2019 1:35 pmThe only way I could see this happening would be due to the repayment of a bond.megapolis wrote: Fri Dec 27, 2019 1:30 pm In my practice there were situations with bankruptcies where they were immediate without any apparent reasons. (AI decided to bankrupt company that had -200M net worth with more than 100M cash on hands)
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megapolis
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