GREY:HRIVF - Post by User
Post by
traxbywebon Apr 07, 2009 1:16pm
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Post# 15902436
PP coming?
PP coming?Whats the odd's of a PP being announced at current share price. I really don't have a good feeling about anybody involved with this company. Will most likely hold to play this out but I don't expect the windfall everyone is hoping for. I think the move to 22 cents may be as good as it gets or the company sells a crucial asset does a PP and completely pushes down the stock value where a big recovery just won't happen. If the debt wasn't coming due for a few years we would most likely be trading in the 1-2 dollar range. Amazing how fast debt can be the noose around your neck.