Yes, debt markets are improving, i.e. interbank margins reducing, and interest rates reducing which is all positive for DCF valuations. 4 months ago I felt this was in the order of $0.80-1.00. I now believe we may be around 40-50 cents based upon interest swap contracts drag on value and general market conditions outweighing past 1 month positives. Would love to be surprised on the upside.
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