So adjusting for debt,OTEL value $10/share ??
Walk as you know CSAL spun out of WIN as a REIT. WIN sold their Fibre to CSAL and leased back. Allowed WIN to reduce debt.
It seemed OTEL could sell their Fibre to CSAL and reduce debt.
I see CSAL is buying PEG Bandwidth LLC For some $400 million
Walk-I thought you were the Buyer ! A bit strange that sellers broker didn't shop this more. Like you say buyer got a nice deal.
Trade @3,75 ?? Bank Stock ??
Looks like KMX took your advise !!!
Will these good numbers attract a suitor. A merger with another telecom say an FRP makes sense.you could see savings in a combination. Would Gabelli now get interested in combining with LICT or CIBY ?.Some others probable out there
Thanks for stats.Note 2015 year end $7.03. Recently trading below 5,but today closed above 5 on light volume.
You raise good point,Excluding the banks,3 of your 5 represent 21.8 %.
New 13 g is Tucker Golden (Solas ) with 269,012 shares or 8.9%. Now are largest shareholder.
Tucker has been active on CC and I would like to see him on the BOD representing the shareholders
The other two ,Sochet increased his holdings to 7.4 %. Chris Brown decreased his holdings to 5.5%
Good strategy,Wait in weeds and pounce when weak hands sell !!