GREY:HRIVF - Post by User
Comment by
production05on Oct 06, 2009 10:28am
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Post# 16365801
RE: RE: Update, HRG's Strategic Invmts = $40.5M
RE: RE: Update, HRG's Strategic Invmts = $40.5M
The fair market value of our Strategic Investments is C$50.4M.
If operations have gone well (and Severstal is not doing anything too crazy behind the scene - A BIG IF) our Net of Debt and Cash is likely currently down to about US$90M (C$95.4M).
It means that our Strategic Investments represents 52.9% of our Net of Debt and Cash.