GREY:LSTMF - Post by User
Comment by
JohnDDon Mar 08, 2013 7:18am
330 Views
Post# 21098177
RE: PBG buys $40 million worth of debt and shares
RE: PBG buys $40 million worth of debt and shares I find it interesting that they say "we invested approximately $40 million of cash which is not expected to be used during 2013 in ....."
What does this tell us. Does this suggest that PBG management sees this as a short term investment of about a year. If so does PBN management have a plan to ensure that the price of PBN shares increase in 2013 such as selling some assets that they are confident would be well received by the market? This investment by PBG which likely needs to be short term sure suggests they are very confident something is going to heppen that will increase the shares of PBN in 2013...