You don`t get it. Alpha could have $10 billion in Rice stock and Wall street would not care. The stock price of ANR should be $25 not $3.21. It and the rest of the coal sector is beat down because we have a bunch of AL Gore/Obama supporters who have to much money and are doing the bidding of their master who is clueless and wants to bring the US to it`s knees.
ANR has gone pass undervalued. It is a joke now. Ben can only hope he will get more money before this short dam bust and the stock jumps up $10 bucks in one day.
#BEN,you seem like you live in COAL country,do you ever talk to any coal miners who work for ANR?What are they saying? do they feel company will be around?Also May 13,2014 ANR priced a $500M secured lien notes with 7.5% interest!Since then ANR has gone from 4.63 to 3.10$,a 1/3 drop in share price! Any way,i enjoy your posts on ANR,ps,yesterdays LOD $3.10 Is support hopefully it holds, And Mitch McConell,is able to stop some EPA assaults on coal,were talking real jobs in a tough economy! jmo
why they shoudl sell it? this is growing money in the bank. it was IPO at 20 dollar now rice is worth 32 or so. i am pretty sure RICE will keep increasing in value. and if it go 50 or so by next year they ahve basically free 200 million more.
what is need to sell it now? they don't need the money.
I would not be surprised they undervalue it, so they can go BK first. Possibly they sold those acres, before thinking of BK. Now they do not say anything about the other acreage. We need someone to bring it all into the open, before more stuff happens. We have the right to know what we have and the real current value!