RE: So many de-rampers9 Nov 2022 10:33
As I keep saying, arb has bottomed, if it drops to 5p, it will shoot back up. I'm tempted to sell the rest of my cine holding and bring it here, if it drops.
ARB own three facilities-
Helios
Baie Comeau
Mirabel.
We don't know what they are worth or how much debt ARB own. Property prices went up globally, not just in the uk. I suspect, there isn't much debt on Baie Comeau, as I vaguely remember them doing a placing to buy it, yes they must of borrowed on it but how much??
PW doesn't tell as anything, we are on a need to know basis and we don't need to know lol.
What I'm basically trying to say is, ARB is a long way from bankruptcy in my opinion, they are at the bottom (sp), for me this is the time to buy. imho dyor