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Strategies & Market Trends : Turnarund Investing -- Ignore unavailable to you. Want to Upgrade?


To: KirbyJF1 who wrote (1190)5/15/2012 10:46:51 AM
From: bankbuyer  Read Replies (1) | Respond to of 1876
 
Re: What is net worth at full value of the $85.9 million Debt ? .

What is it on a per share basis.

"The Company expects minimal additional Advent revenues for the remainder of 2012."

"During the three months ended March 31, 2012, the Company had a large decease in proceeds from paydowns and maturities of securities as compared to the same period last year mainly due to poor performance of the underlying collateral."

So Advent loses Big $ for the rest of year and portfolio cash is in massive decline.