RE:RE:RE:RE:concise capitalAn industry credit crunch, would force prices to go higher, to maintain the capital required to sustain production, solely out of cashflow. The current industry is unsustainable, with these low commodity prices. (Of course we've been saying that for four years now...)
I feel more comfortable, with the emergence of this gorilla shareholder, Concise Capital. They are in it to win it (hopefully), and will want to preserve their original investment. So first good 9 cent/share valuation, and Zargon is done.
Here's one of their newsletters:
Concise Capital Newsletter They prefer to be senior in the capital structure, so if they wanted to force the company into bankruptcy, they would have voted No, to the deal. They appear to have voted Yes, so they will want to see this through to the end, and recover their investments.