RE:Wonder if RIPET is for sale ?BywrongK wrote: Now that a chunk of revenue generating ACI is going, going, gone. Cash will vanish down the debt rabbit hole...what will replace that revenue?
Dividend increases...maybe 2023.
JMHO
I think the first quarter ACI reported only 6 million in Ebitda, Then 30 million peanuts compared to the 1.3 billion ALA makes. It's incredible that it sold for 1.7 billion. ALA did alright on the deal they dumped 800 million in debt onto the company. I still think that they did a good deal for the company. The thing that pisses investors off it they got no taste of that huge buyout they should have structured the deal so that shareholder recieved fractional shares of ACI we got nothing from this buyout unless you were smart enough to dump this and buy ACI. ALA really needs to do something for their shareholders ASAP to to let them know they are a shareholder friendly company.