GREY:CRIUF - Post by User
Post by
hc2111on Nov 19, 2013 9:43pm
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Post# 21921431
Q3
Q3Their operations produced $5.4 million in cash flow. They paid out $9 million in distributions. They tapped their line of credit for $4.5 million to cover the shortfall and a little extra. Blamed weather for the shortfall. Q3 should have been one of their strongest quarters. They still won't say how their actual "distributable cash" compares to the $1.00 per share per year that they talked about in the prospectus for the IPO.