GREY:ALARF - Post by User
Comment by
borne2runon Mar 01, 2020 9:20pm
230 Views
Post# 30754081
RE:RE:Alaris Royalty Corp. Announces Sandbox Sale
RE:RE:Alaris Royalty Corp. Announces Sandbox SaleNever good news when a company issues a press release a few hours afetr a Friday market close.
The total investment in Sandbox was approx $80 million.
Q1 will likely have a $50+ millon write down, partially offset by the gain on the SBI redemption.
Could be in the $1.25 per share.range.
Ouch !.
Those on the sidelines may want to wait for the earnings call.