Replies to post #88 on TMST, Inc., 8% Senior Notes (TMA.GB)

[56Chevy]

With 300,000 Senior Notes issued if it all ended today and Sher didn't get another dime from the banks the Senior Notes would fetch $353 based on $106M assets (I'm not sure there is $106M but I'd have to look). To do the math divide whatever the assets are by 300,000.

$106,000,000 divided by 300,000 = $353

Hopefully we get some kind of news soon. It seems time never grinds so slow as when you're waiting on the courts.