RE:Very good article about RMP and its saleGeorge98 wrote: Seeking Alpha published an article about RMP today and the author notes that RMP will not get more than $1.10 per share primarily because RMP is a distressed seller as a result of the fact that the banks have reduced RMP's borrowing base at $100 million.
The comments in that article are also very interesting and insightful.
I wish best of luck to RMP shareholders but I think the upside from the current levels is limited and the author is right.
The link from the article is below
https://seekingalpha.com/article/3997277-rmp-energy-sale-will-shareholders-benefit-sale
There is also a rumor inthe energy ptch about a CEO change if RMP doesn't find a buyer. Time will tell.