Are you high pal? "EQR only received 1/3 of the 9c", what on earth are you talking about? EQR received Barruecopardo for no more than taking on the existing debt which was to various Spanish banks (not Oaktree). They then used some of the $25m raised at 9c a share to pay down some of that debt. You cannot conflate the 2 transactions unless you're saying that the Barruecopardo mine has an intrinsic value of less than the debt that was assumed.
EQR Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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