Iantroverted92
:
yes. if you've been following the court case. it has assets ready to sell almost equal to the debt they carry. but, Apollo just sold there 500 mil loan to citadel. so that's a plot twist.
71451774
OPIantroverted92
:
yeah but assets are almost equal to their debt, that doesn't include shareholders. there's literally no chance of a stock buyback. they'd even have to make another offering just to cover their remaining debt which they might since people are apparently willing to buy
JustSurface : perhaps
Iantroverted92 : yes. if you've been following the court case. it has assets ready to sell almost equal to the debt they carry. but, Apollo just sold there 500 mil loan to citadel. so that's a plot twist.
71451774 OP Iantroverted92 : yeah but assets are almost equal to their debt, that doesn't include shareholders. there's literally no chance of a stock buyback. they'd even have to make another offering just to cover their remaining debt which they might since people are apparently willing to buy