Replies to post #92 on ATPG Senior 11.875% 2nd Lien Bonds (fka ATPG.GE)

[romang]

I wish we had a estimate of how much this stuff would all sell for. the titan cost 800 million to build it isn't included in the sale

also what is the rest of the assets they are not selling worth.
selling 18 of its 38 exploration and drilling areas

looks like the starting bid stalking horse will be credit suise claim around 700 mill

I would stay away from preferreds or common shares and if you own them transfer them to bonds especially at these prices around 80

"in my opinion"