MFS mfs limited

more trouble or more media beat up, page-2

  1. TwinTurboCelica
    10,103 Posts.
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    29/01/08
    06:46
    Post #: 3294984
    I would think the sell off was to cover the $65M other than the $150M odd.

    Short term debt in about $220M. The $65-70M ($220M minus the $150M to Fortress) from my understanding was backed by shares in HFA, and when the price of HFA dropped, they would have to sell and pay this back (Margin Call).
    MFS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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