Tuesday, January 14, 2020 8:49:04 AM
my answer : hope that is not an option. BA has -0- goodwill and they hardly need further news blips about the less than honorable way they operate. The current "New + Better" Tanker is now 2 years behind schedule and carrying many "better get it fixed issues" not to mention already extremely over-budget at this late date and 2 +yrs to go ...
I'd recommend they settle for $40-50 Mil or avg. price of Pemco (AAIIQ) prior to the issue to be at trial. They could ask for a no admission clause settlement agreement or settlement without admitting guilt.
if legal goes 50% then around 20 left for previous bag holders.
At 4 mil stock somewhere near $4-$5.
let us pray!
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