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A CR would be crazy - they would need to dilute 3 times over to...

  1. Neil_WA
    2,988 Posts.
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    01/08/08
    02:31
    Post #: 4060685
    A CR would be crazy - they would need to dilute 3 times over to even raise 350m - versus the alternative of selling just a small fraction of total assets ($1B) for about the same improvement in debt to asset ratio. I know which one I'd prefer.
    CNP Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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