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Re: dennisdave post# 498826

Thursday, 07/28/2022 9:59:22 AM

Thursday, July 28, 2022 9:59:22 AM

Post# of 704399

Anyway, what I expect is that Less will sell a huge chunk of the C Prefs to a private equity partner for around 1.5 - 2$ a share, not to a BP.



If they sell the pref at $2 as you propose, that means 8 cents per common share - no way that is happening. Did you mean $2 per common share? But that multiple to the current market is not likely either....So what so you mean exactly?
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