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I hope the GSO deal gets up & wipes $ 1b of debt leading to a...

  1. Beardy
    2,449 Posts.
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    01/04/16
    09:06
    Post #: 17397685
    I hope the GSO deal gets up & wipes $ 1b of debt leading to a re-appraisal of SP taking it to 10 cents per share or $ 300m Market cap. ( which may seem high but would only be 10 % of Net Assets)
    They do a 1for 1 at 10 cents to raise $ 300m

    Thoughts ? ( please no more banging on about management/board)
    ARI Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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