I'm not that upset/surprised that the valuation came in under $1.30. I was never among those who felt $1.30 was realistic. I thought even 30 cents might be possible.
But what I am p*ssed off about is the lack of further detail in the PR today. Obviously, they can't announce the TCHH deal is complete until it's officially complete, but by no means does that mean they can't at least give a general timeframe.
No estimated timelines for completion of any of the deals (not Detroit, AAA nor TCHH), no explanation as to why the PPS has tanked -- just generally a fairly useless PR.
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