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Re: RisingMT post# 25249

Friday, 05/03/2019 9:51:28 PM

Friday, May 03, 2019 9:51:28 PM

Post# of 31087
$TMPS were able to buy the Tristar fleet - and pay for storage and maintenance - with shares.

https://www.tempus-as.com/media-press-release-L1011.php

They got an excellent deal on them as there is no commercial market for ex-military tankers - apart from companies that want to use them as tankers !

Civilian passenger / cargo companies want newer models with low operating cost and as much commonality as possible with their existing fleet - and therefore would not be interested - and that was reflected in the price. A bargain compared to $200M+ for a new A330 MRTT.

Omega probably didn't have the cash to pay for them - they are not a publicly traded company and so couldn't use shares - even if they were smart enough to think of doing that.
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There is of course nothing wrong with the Tristars as I have previously explained here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148454548

and here

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148581426
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