PPR Direction
Although PPR has significant debt, their sophisticated lender (Prudential) seems to be hanging in. They would have done extensive risk analysis to continue the loan so logical to assume they remain supportive. Prudential does get solid interest and fees and they are likely fully secured against the assets.
If they like this team, they could support PPR to move forward. If a NAFTA decision ever shows up, that is a bonus.
A penny stock that could make it to a dime.