GREY:HRIVF - Post by User
Comment by
Power1on Mar 21, 2009 10:23am
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Post# 15860450
RE: Strange how thin the negative posts are,
RE: Strange how thin the negative posts are,I was going to refrain from positing but....
There is one smple fact not considered in the bullish posts on this board and that is HRG needs a sizeable cash injection. Operations aside, whatever severstal does to meet this need will impact shareholders either up or down.
The extensive time this is taking suggests to me they are exhausting more traditional methods of finance/trying to rework with creditors. One thing for sure, is the clock is ticking.
Good luck. Financials out soon