This sound silly, because the price has gone back up, but ....
In the last couple of weeks, companies have been releasing 10-Ks.
For Trusts, you can see what the expected Fair Value of Cash flows is.
You can imagine that when a trust shows a fair value of its assets of about $80 Million .... things don't look that great when the market gives it a $300 Million Value ....
In addition to this, the principals have indicated that they have exchanged the subordinated units for common units. This means they will receive better distributions and have a market to sell their units.
Recent ECTM News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 08:15:10 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:05:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:15:28 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2024 08:05:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 09:16:11 PM
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