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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF



GREY:PEYTF - Post by User

Post by energyhubon Nov 08, 2012 1:21pm
193 Views
Post# 20577348

Bank Debt

Bank Debt

Was just thinking about it. In the last press release, they stated that as of Sep. 30, approx $138 million had been drawn from the bank...thats at Q3 end, which means parallel only took money to purchase the asset, not to pay out the dividend, which brings me to believe that Q3 results will be good. Thoughts anyone??Maybe i'm missing something??Just a quick thought that came to my head...

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