NYSEAM:ANV - Post by User
Post by
BREAKtheCOMEXon May 21, 2014 1:30pm
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Post# 22583240
Debt
DebtANV reduced its long term debt by $28,000,000 in the first quarter and its total liabilties by $36,000,000. If they continue this there will be no liabilties left in five years. This is a good strategy as they can report lower profits which brings less interest for a take-over. ANV must stay under the radar so that share price can re-inflate. An early take-over will destroy the chance for many shareholders to re-coup costs.
Eliminating the long term debt will, by itself, boost total revenue by over $100,000,000 annually. If they give that to shareholders then they won't pay tax on it. That would be a 30% divident at today's share price... but shares won't be this cheap!