New Investor in wndHi Guys
Got into a position (50%) a couple of weeks at 1.46 based on the perceived potential. I am looking to add...
The way I read the latest PR is that they were looking for $200M to finance Windstar. Now the PR says that Rabobank has been assigned to look for the REMAINING $55M....the key word being REMAINING.
This would imply that the rest of the $150M is done....correct? The last $55M should not be a problem as it is against the credits from the US Govt....this would be the easiest one to get. No wonder they wanted to get the hard to do one out of the way first.
maybe I am being too positive and seeing what I want to see....But I still realize the risk of an unproven player etc....but that is how you get the triple digit returns. Now I would have liked to see more of a positive reaction which did not happen...so yes a concern. But you could think that all the Houses in the know have bought in already..
Look forward to an engaging discussion with all of you.
I do live in Vancouver, so in case we need to ever do any "in person" due diligence....