GREY:HRIVF - Post by User
Comment by
ThyFishon Dec 03, 2009 9:22am
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Post# 16549213
RE: RE: RE: Now, Cash/Inv.= $182M, Debt = $94M?
RE: RE: RE: Now, Cash/Inv.= $182M, Debt = $94M?Thanks for clarifing Honkey Bill, I didn't quite get the write down but think I do now. So even though the write down only seems to be a paper loss, it was not needed and could have done a lot more for HRG posted as a profit. And the private placement was still at a 30% discount to SP and a much bigger discount to value.