Replies to post #27324 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[garyhalvo]

And here’s our going concern.


Assuming EBITDA of 15% for e-comm, this part of the business alone generated 225M in 2019. Using an estimate of e-commerce multiples of 5x-10x, this business alone is worth 1.1B - 2.2B. We continue to believe in the value of this business as a going concern.

[Nightdaytrader]

"We are working to understand the overall value and the transaction and whether or not they will be sufficient enough to provide a return for shareholders[/b]. We are also discussing alternatives that may be realistic."

[ysung]

Oh wow !!!!!!

Nice !!!!!!