GREY:LGVWF - Post by User
Comment by
konzelmannon Feb 21, 2014 9:45am
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RE:Excellent Point Konzelmann (Advantage needed cash)
RE:Excellent Point Konzelmann (Advantage needed cash)
Yes, that's my basic interpretation of how things unfolded. Others may point to other reasons for the low price they got, but I think a major part of it was poor management by them, their situation, and their requirement for cash only. Not too many small/mid tier type producers want to just come up with over 100 million cash.