tt, not sure if you can say they still have $10 M to collect in sales. Certainly there is a delay in collecting all receipts but this quarter would include the delay receipts from last quarter so it more or less nets out.
Good to see Eric got his $275,000 bonus this quarter though!! Maybe he will splash out on a few more shares!!
At $355 M debt I can't see them getting to net debt of $300 M by year end. My guess it will be about $325 M including proceeds from Dimmit sale, but obviously highly dependent on capex in fourth quarter.
SEA Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
