15-06-2015, 05:23 PM
(This post was last modified: 15-06-2015, 05:28 PM by specuvestor.)
Cost of equity is determined by share price movement defined by CapM, so cost of equity is always high for distressed, statistically. The only time I know unvested CFO care about share price is when he is given green light to issue equity or equity derivatives. Interest cost on debt on the other hand is real. Debt repayment is even more real which is why they invented virtual perpetuals so CFO can live in virtual world and not worry about maturity
Indeed the fat lady sings these 6 weeks. From TTA perspective it seems like it's just an opportunistic binary call option bet to them as well, from the tone of the TTA representative. It's not gonna kill them but good upside if real.
Indeed the fat lady sings these 6 weeks. From TTA perspective it seems like it's just an opportunistic binary call option bet to them as well, from the tone of the TTA representative. It's not gonna kill them but good upside if real.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)