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11,414 Posts.
1588
14/11/08
00:23
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hmmm.. brt's 'value' at $1M today?
people look and see how can they get a $4M loan on this figure.
yet they forget BRT has largely (confirmed by now) $20M earnings for this year.
this figure was re-iterated by MGMT no less than 3 times this year.
at no point did BRT MGMT say we were at risk of not reaching this goal.
a $4M loan in this light is not a major matter.
together with the uplift in 2-3 yrs time with earnings of $40M-$50M... we are talking peanuts really.
once again, all the best to all long-term holders!
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