OK, so if you read the initial Court filing submitted by GT, the contract value/price is stated there.
It is public record, it was approved by the Court, so I believe it would be wise to assume the sale has moved or is moving forward.
I suggest you look for yourself, it really is not hard to find.
Also, I believe you previously indicated that you were in logistics with GT in some fashion. So, when you talk about how "long" it will take to move 1900 furnaces are you talking about physically moving them or selling them? Although in my opinion, it really does not matter, because you may know better than most that firstly, most deals are kept quiet until they are done or very close to being done and secondly, if a large purchase of ASF were to occur, getting them physically moved quickly would certainly not be a barrier to a sale and thirdly sales most often move in fits and starts, not at a "rate" so although few have been sold to date, that could drastically change at a moments notice, tomorrow, next week, month or quarter.
Yes, they do have a shelf life ticking clock, but as others have said, until there is a significantly better system out there that has a proven track record, my guess is these systems will have good value for the foreseeable future.
And yes, I do agree that selling them is important to the Apple debt and the profit GT could realize on top of that, but it may or may not be the key to recovery. There are other pots in the fire that generate pure profit with no Apple attachment that could be very valuable going forward....
And when you find tomorrow's WSJ today, please do share.
AI
