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 Strategies & Market Trends : The Residential Real Estate Post-Crash Index-MODERATED

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To: carranza2 who wrote (65891)5/3/2012 10:22:50 AM
From: The ReaperRead Replies (2) of 90824
 
127 million for NAfton can be done with cash earned from operations. It's the $330MM they've spent in the last nine months over and above generated cash flow that blows a hole in the cash drawer. That could be what's affecting the share price right now. Longer term it should accentuate the cash recovery when the spending stops.
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