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Alias Born 07/31/2023

Re: m0n post# 2062

Thursday, 08/03/2023 2:05:52 PM

Thursday, August 03, 2023 2:05:52 PM

Post# of 2329
It all comes down to money in. How much money are they getting for these assets? That money in is applied to the debt. What is in excess of debt, if anything, goes to common stock shareholders. It doesn’t matter if they only want the assets. Yes. Of course. That’s what they are buying. But the money in is distributed. Common stock is last to eat. If bids are $10m over total debt/costs, we break even. If not, we don’t. Tell me I’m wrong on this if I am.

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