They have like 25% unoccupied office space in their own portfolio. Are they too good for their own office space??? Good grief.
honestly they are transferring blame to some 3rd party. You know Colm and the gang think up this stupid shEt and sit back and laugh.
all this for a $17 sell out price? We were just about there 2 years ago. THen they did a secondary, but NOW they need a buyback. Make up your mind.
well then wouldnt the divy sellers just tender their shares instead of sell at these market prices? I mean it will be more than the current market else why would anyone tender?
I guess it could happen but understand its against Evan's interest to go chap 7. He wants to keep the gig going sort of speak. Im sure he wants MHR to continue operating but under new ownership (debt holders). Thats the conflict between shareholders now and manangement now.
I tell you what with coal revs only down 7 million qoq and distributable cash flow flat (160 mil to 157 mil) for year over year I'm starting to wonder is a drop from 13.00 to 1.70 a share a bit extreme. Methinks that may be the case!
The analyst who kept asking about the prop sales kept throwing in the 50 mil number. I'm like wheres that number coming from?
they only bought the SFRLs to pick up the NOI. Honestly if I just wanted Bank Loan exposure I could just buy an etf with lower aum fees.