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"Also, even if they can service the debt that doesn't change the fact they've made a bad investment of several hundred million dollars." -- Um, you're going to
by mrhyyyyde 6y ago
"Also, even if they can service the debt that doesn't change the fact they've made a bad investment of several hundred million dollars." -- Um, you're going to have to explain your opinion here, because it sounds like you believe their returns are not indicative of a good investment.
I'm of the opinion that making 290M+ from 475M is a good investment, I don't live near Wall Street so maybe that's not a lot of money these days?
- Traster 6y agoThe point is that the down side risk is that the price goes down. If that happens then it’s a bad investment - they will have lost money on it. I’m not saying it will go down, I’m saying it could go down. If it does go down their previous investments will also be down too.