Sunday, January 13, 2019 1:39:47 PM
In the short run, as I previously explained, it was done to remove the default liability from the balance sheet. That goes a long way towards getting book value to positive territory.
In the medium term, it's for M&A. If he uses the shares judiciously, shareholders should benefit.
Now we need to see the results of all of the activity behind the scenes.
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