GREY:CLLZF - Post by User
Comment by
myNEXTmillionon Dec 18, 2011 1:03pm
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RE: Debt load
RE: Debt load
Their debt load is manageable. The debt is less than the cost of their
They've made a few decisions that have turned out to be bad ones, such as buying a gas company at peak prices, but at the time it didn't seem that way. It awareness of the credit markets in 2008 was well under the radar otherwise, I'm sure management would have locked in their capital requirements and credit facility a lot sooner.
The main thing is the company survived... and growing again at least on the electronic media side.