Triple Pt. Engy Share Price (TENT)

OK, sounds like we'll both be holding then.

I do not think this is a forced sale per se. My understanding is this is a gradual sell-down with the distribution of proceeds to shareholders. This is different to a liquidation.

I agree with you insofar as assets will be sold at a discount. I expect this to be 10-20%. But given that today's share price is closer to 35% below NAV, I believe there is a sufficient margin of safety for people who buy shares today, to make an easy return on investment

A firesale (putting all the assets up for sale at once) usually results in values being reduced by anything from 10-25%. Buyers know the seller is a forced seller & make offers accordingly, depressing prices. This is the worst possible time to be selling alternative energy assets as the market is truly woeful just now and showing no signs of recovery any time soon.

Those are my thoughts, as requested. What are yours?

Why do you not believe sales will realise NAV?

Looks like we're destined for the recycle bin, unless a white knight steps up & makes an offer. Over at API they've had a bid from CREI and also interest from SHED but I'm not expecting anyone to rescue TENT. I'm not convinced a firesale will deliver the true NAV here so it's not a great picture IMHO. Who knows what's round the corner though if they can hang on long enough for interest rates to turn?