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Replies to post #1096 on Atlas Resource Partners (fka ARPJQ)

Replies to #1096 on Atlas Resource Partners (fka ARPJQ)

Congo Mining

09/02/16 11:58 AM

#1097 RE: Imagineer66 #1096

the debt trading at 0.20 on the dollar valued the company at 140 million. So don't expect that.

You've got to keep in mind also that they are carrying 690 million in debt still.

StockItOut

09/02/16 1:41 PM

#1099 RE: Imagineer66 #1096

What is or was your bond face value?

Was it about $20K?

StockItOut

09/02/16 1:43 PM

#1100 RE: Imagineer66 #1096

Share price is irrelevant, seems to me. Relevancy is bond face value as converted to share price total lot value.

StockItOut

09/02/16 8:33 PM

#1111 RE: Imagineer66 #1096

Thinking again, if shares are priced at bond face, and at about $153 or so, the higher priced share price lends to lessened volatility as less traders and investors likely to purchase. Likewise, less percentage movement likely for any downward momentum (and less shorts too).
5.4 Million shares is a pretty low number, the resulting trading float will be even lower. Portends a 'quieter' stock, which will be less distraction and less IR management for the company. Also leaves room for financing via dilution and for splits. Should be next week we find out.