GREY:AIIFF - Post by User
Comment by
Thethruthhurtson May 26, 2014 5:06pm
405 Views
Post# 22599297
RE:RE:RE:Takeout target or Receivership?
RE:RE:RE:Takeout target or Receivership?
Thought about this a few times this weekend....I still don't think anything can be done unless.....Brookfield comes to the plate and structures an ownership deal that allows for reinvestment in Armtec itself. The company is essentially insolvent in having to perform for the Brookfield debt. Let Brookfield take the stock in....exchange it at 10 to 1 for shares in the Newco -- Brookfield Infrastructure Products. Fire the board and fire the incompetent management team. Set the country up in East and West Divisions. Commit to 30m in Cap Ex for the next 18 months and target strategic market share growth and run the company with goals and vision. Nothing can happen until Brookfield decides what it wants to do.