GREY:LSTMF - Post by User
Comment by
bushhog1on Jan 22, 2015 10:26pm
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Post# 23354384
RE:Debt
RE:DebtIn the last 6 months LTS has paid down their long term Debt by 30%
Now with no Dividend payments and Interest rate being cut, they are on the
right tract to continue paying down their Debt.
They have a solid Balance Sheet with a tangible book value
of nearly $10.00 per share.
If needed they can raise cash by
a) issuing more shares
b) sell some non core Assets
The Company is in great shape to rally out this manipulated downturn