GREY:LSTMF - Post by User
Post by
bushhog1on Sep 26, 2015 11:29am
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Post# 24138049
Q3 Report ...
Q3 Report ...We know that LTS will be reducing their Debt in Q3 by $125M
( all things being equal) because of the Debt Swap.
Do anyone knows how this will affect the Balance Sheet?
I am not an Accountant, but if the Debt is reduce by this amount and
the Assets side remain the same, I am thinking, that the Equity
will have to go up.
For the Equity side to go up then they will have to show this $125M as a profit.
Clarify someone !...