RE: they can keep deleting but whoevers doing it,12 Nov 2020 12:53
The ezj sale and lease back wasnt that good, the numbers were put out there to read if interested, but they sold them for well under book value, then leased them back for about 4 years, paying pretty much what they gained in the sale back as lease costs for that period. So a double loss, first the under book value sale, then the loss of assets for almost only the gain in cash terms. It was merely a short term cash raise at longer term expense.