EXPM:EGRGF - Post by User
Comment by
OOU812on Apr 06, 2017 9:41am
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Post# 26084916
RE:Assuming...
RE:Assuming...The only thing going up this year is interest payable.Old, $2 mil /year,new $7 mil /year.
What are we getting for our $5 mil more interest per year? A lot less div is right.
It would have been a lot cheaper to issue a $20 mil debenture at 8.5%
Debenture interest, $1.7 mil /year or 3 X more for their insanity.