GREY:TBTEF - Post by User
Comment by
dangoodon Jun 01, 2016 12:22pm
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Post# 24923439
RE:RE:GO GO DOUBLE 0.12
RE:RE:GO GO DOUBLE 0.12This one is a bit different as there is no margin of safety in assets nor cash flow. Again, I would only talk about the debentures as having any value, the commons are worth something on the tax loss carry forwards so it makes sense to satisfy the debentures with commons. Wierd neither was halted. It isn't fair to shareholders to have to trade on rumours. Banks have to be demanding a reorganization as they can't have any more cash go to the debentures. And debentures are likely drawing the line in the sand. Too bad debentures don't trade as easily as stocks or I would put a toe in.