GREY:SGLRF - Post by User
Comment by
sanityseekeron Nov 28, 2014 11:25pm
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Post# 23176535
RE:Re Sale &div.
RE:Re Sale &div.As I lamented months ago, Spyglass will not be able to realize the value of its underlying properties because it will instead liquidate them slowly at a discount to fund the dividend. It's misleading to say they make sales to pay down debt, when the debt levels don't decrease.