OTCPK:ARNBF - Post by User
Comment by
rad10on Sep 03, 2014 1:29pm
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Post# 22901942
RE:RE:RE:RE:Arcan and the banks
RE:RE:RE:RE:Arcan and the banksJR12 wrote: At least ARN's book's show way more assets than liabilities. As per their last financials, $600,274,000 in assets and $387,419,000 in debt/liabilities. CPG should give ARN a much higher price than 25c a share if they took everything over.
Exactly - Why Aspenleaf thought debt holders would accept a haircut is beyond me. Pikeys - shame on them!