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Posted August 28, 2011 23:27 · last edited March 18, 2021 07:33

$hit. At least it's on the table now and 30 million in equity isn't bad. A bit overleveraged, pity office space is so oversupplied at the moment otherwise he would have been OK. I hope that the valuing is realistic. Be interesting, and somewhat nervewracking, to see what happens to the Phoenix now.

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Unknown editor edited March 18, 2021 07:33

$hit. At least it's on the table now and 30 million in equity isn't bad. A bit overleveraged, pity office space is so oversupplied at the moment otherwise he would have been OK. I hope that the valuing is realistic. Be interesting, and somewhat nervewracking, to see what happens to the Phoenix now.