InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,699.94
(
-0.17%
)
US TECH 100
19,314.00
(
0.26%
)
Dow Jones
42,011.59
(
-0.44%
)
Brent Oil
78.32
(
0.66%
)
Bitcoin
61,305.27
(
0.91%
)
Post# of 428
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

skyzoom

Send PM Follow Ignore
Followers 1
Posts 371
Boards Moderated 0
Alias Born 12/14/2005

skyzoom

Re: None

Sunday, 05/15/2011 1:22:35 AM

Sunday, May 15, 2011 1:22:35 AM

Post# of 428
New company is formed by exchange of $400M debt representing 85% of equity, 5% assigned for Trico Marine shareholders (about $23 M) which is worth $1+ ($23M/22M outstanding shrs). TRMAQ now is trading for $0.05 which means it is way undervlued.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up