CER centro retail group

people's republic of centro ..., page-13

  1. 3,760 Posts.
    Rufrano is a good operator Raeban. It's not what I am saying.

    But tell me:

    Do you think that issuing 14.9% equity to the lending syndicate in leiu of a few million in fees was fair, equitable and reasonable?

    Heck no. Why couldn't they just pay the few million in fees and then dilute holders to 75% instead of 90%?

    Well Raeban? Your thoughts?
 
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