This sound silly, because the price has gone back up, but ....
In the last couple of weeks, companies have been releasing 10-Ks.
For Trusts, you can see what the expected Fair Value of Cash flows is.
You can imagine that when a trust shows a fair value of its assets of about $80 Million .... things don't look that great when the market gives it a $300 Million Value ....
In addition to this, the principals have indicated that they have exchanged the subordinated units for common units. This means they will receive better distributions and have a market to sell their units.
Recent ECTM News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 09:16:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:13:48 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM