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Valuechaser1

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Valuechaser1

Re: geodan post# 787

Saturday, 12/03/2016 8:51:09 PM

Saturday, December 03, 2016 8:51:09 PM

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I have high hopes since the company started generating good cash flows. However, to be realistic, it might be difficult for the company to pull off a good deal. The company almost went bankrupt once and big banks tend to avoid lending money to such company.

I'm just hoping that some shady private funds like the ones from Hong Kong or Dubai would lend them money to buy back the bonds. At least that's how ex-CEO of Amaya inc (AYA:TO) got the cash to offer a buyback of the company with more than $1 billion market cap. Not the best option, but you gotta live with what you can get after all.
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