$华仕伯(VAL)$Offshore drilling contractor Valaris PLC said it could file for bankruptcy soon to deal with debt totaling about $7 billion, saying a waiver and forbearance period with lenders and bondholders is scheduled to end within days.The London-based company, hurt by uncertainty in the oil markets, said in a Securities and Exchange Commission filing Thursday that it is pursuing several cost-cutting measures and transactions, including negotiations with certain bondholders and the lenders under its revolving credit facility about a comprehensive restructuring of its debt.
$华仕伯(VAL)$key information on this stock and important dates 15/07 we will know what happens with the current debt if we get forbearance like $PSV we saw what happened to that stock 500% rise not saying we will but it’s a option next we got ER on 22/07 if close to estimated or better will also give us some clear picture of next q to come and next and final think is compliance that come around 24/07 as we been trading under $1 for past 16days this is not exact but so where around that date looking on last months trading under $1 just before 30 days compliance we rise close to 900% so looking at all this information and having them in mind coming weeks will be extremely interesting. I’m still bullish on this one and wish you all the best!