GREY:LSTMF - Post by User
Comment by
emmitton Mar 11, 2015 8:59pm
160 Views
Post# 23511901
RE:RE:RE:RE:RE:RE:RE:RE:Crescent Point ready to buy; adds $1 billion to credit line
RE:RE:RE:RE:RE:RE:RE:RE:Crescent Point ready to buy; adds $1 billion to credit lineIf LTS was able to renegotiate their debt and not breach the debt covenants the best thing to create shareholder value would be ride out the storm until oil prices appreciate and get better value if they were to sell. My concern is how management will lead this company with the debt issues and deadlines approaching.