Are you saying that the facility is currently owned by Japara, and this is a sale and leaseback. In which case, I agree, it could relate to need for cash flow.
I agree 100% that "You don't go from 3.20 to sub $1 and dropping when business is good.". The business is good, the problem relates to those in control during that period - the Board and CEO.
JHC Price at posting:
92.0¢ Sentiment: None Disclosure: Held
