Post by
bullmarkets on Jul 26, 2016 1:15pm
there is no shareholder equity
this will go bankrupt again. brookfield just wants to get as much money out of it.. might as well do a retructuring and convert debt to equity..
Comment by
righand2 on Aug 26, 2016 9:50am
With $110 million in debt, the common shares do appear to be worthless.
Comment by
bullmarkets on Aug 26, 2016 11:20am
No doubt. Debt is 90k per flowing. The whole company might be worth 50 million. So there should be a large write down