Off 95+% from its peak (as of this posting) Pinnacle owns about $1B of cellular towers. It is EBITDA positive, but has small cash position - possibly enough to service interest payments. A key question is its ability to also service debt maturity and capital expenses and current share price reflects negativity. Possible solution may be sales of some assets. Will this be enough or will they be forced into bankruptcy. High potential reward/high risk
Comments welcome.
All imo, not an invesment recommendation. |