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Saturday, July 25, 2015 6:38:21 PM
Uhm, despite all these repeated and monotonous statements about the minutiae here, they are all still quite overshadowed b the 800-pound gorilla in the room, the Loan Agreement.
Metrics are only improving on the retail side...On the institutional side, they are not.
Loan Repayment does not negate the binding equity Agreement they have with LUK...Therefore, loan Repayment is really a non-issue.
Being forced to spin off important assets to repay a Loan is still not a good thing. Even if those assets are re-branded "non-core assets."
FYI, I made a price prediction on Vetr for this Dead Cat some time ago, for mid-August. I believe I shall easily be the closest, for I was not suffering Irrational Exuberance at the time.
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