GREY:LSTMF - Post by User
Comment by
JohnDDon Dec 14, 2012 2:03pm
262 Views
Post# 20732008
RE: Share price
RE: Share price Wordless,
The company has a $1.4 billion line of credit and has drawn down $.4 billion. In the last 2 presentations in the last 2 weeks, John Wright indicated that they are targeting to have about $.5 billion of liquity available on the line. He did indicate that he expected the $300 million to be put back to PBN - my interpertation of his presentation is they will use with their line of credit as the solution..
John