GREY:BXEFF - Post by User
Comment by
puma1on Jan 06, 2018 3:29pm
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Post# 27297903
RE:RE:RE:Does anyone here know
RE:RE:RE:Does anyone here know
instead of just asking what he thinks, the callers should ask what assets they could sell to wipe out the debt given the debt per share is about $5 and the net asset value is $15 per share....................... get them to think a bit rather than use the question as a way to plug something else. .................................... to his point on debt.......................the balance sheet is not too leveraged on it's own, but in a falling gas environment it is more of an issue. they should flog another $40 m or so of assets and put it in a sinking fund for retiring the convertible due in a couple of years.