It is the losses accumulates, the unforseen weather, and bad acquisitions that have burnt them to the ground.
Water Sale has been their ticket out of trouble.
Permanent Water Sales whether Low Security or High Security is a sale of ASSETS, this kept them going.
Temporary Water Transfers are great as it is just selling the water allocated to you, in a particular year, to someone else. If you don't use it, you loose it, so this is smart money.
Been out of the loop for a little while, but it looks like they may be back on track with some good luck and decent prices.
TAN Price at posting:
54.2¢ Sentiment: LT Buy Disclosure: Not Held
