GREY:PEYTF - Post by User
Comment by
valuinvestoron Apr 15, 2015 11:29am
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Post# 23631728
RE:RE:RE:RE:What a team,I knew they would do the right thing.
RE:RE:RE:RE:What a team,I knew they would do the right thing.No doubt the banks are forcing their hand here, they want to reduce their exposure ASAP. Hard to say what the assets are worth, but probably worth more pieced out. Even with the recent write down, I think their assets are still overvalued by about 100 million in the current market. Any other thoughts? That said, there is a lot of money waiting to pounce on distressed assets, if this rally has some legs, might see someone try to take out the whole thing.