Sometimes when a stock is in a downtrend, the final days see the craziest drops and hopelessness is at its peak. I’m still surprisingly calm watching this play out. If someone has insider info about yet another mysterious -90% rights issue, congrats on a great scam. 
Yesterday had absolutely insane volume, easily in a league of its own since the issue. Wonder if that’s enough puking for now.
Sure, interest rates have risen, which isn’t a good situation for Intrum, but debt maturities are largely taken care of for this year and next, and the vast majority of the debt is at fixed rates anyway. If we head into an upturn next year (just as the co-investing portfolio should help boost servicing revenue), then… Well, well. Let’s see.
Still, I’d sooner bet that the drop has already gone too far and that a turnaround should happen soon. Unless it already turned yesterday afternoon.