OTCPK:ARNBF - Post by User
Post by
zeus55on Sep 14, 2013 10:37am
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Post# 21740388
Qbar
QbarUnfortunately, in a distressed sale, you never get full value for infrastructure.
ARN has great infrastructure down to Ethyl, but the resulting debt load is what killed them.
Most shareholders just want to get out with something, and I doubt many want to see another share issue just so the present management can keep their jobs.
Another similar stock is MQL, and it has seen a similar jump in the share price. Maybe we are going to see several deals made for these companies with good assets but poor managements.