Post by
Carlos66 on Aug 10, 2016 2:31pm
asset sales
---since they paid way more for their acquisitions than they are worth today how do you get out of debt. Debt outweighs assets. You can't get away from that fact.
---the assets are not going to gain in value more than their debt before the debt comes due.
---it doesn't matter how much they get for a particular asset it is not going to be worth more than what they paid for it & they can't raise prices to compensate for the difference.
---as has been said if they can't sell what they bought years ago for twice their original value VRX will go to ZERO.
carlos
Comment by
Joe454 on Aug 10, 2016 3:09pm
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Comment by
Defaulter on Aug 10, 2016 3:23pm
Asset sales will reduce the overall debt to a level where the debt can be more serviceable by cash generation; the debt will be brought to a level where, I wouldn't surprised, debt repayment terms get renegotiated.
Comment by
Joe454 on Aug 10, 2016 3:52pm
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