Info Aqualung Financial Troubles

[thomschoon]

I still think it is a nothing burger, the $25M loan was from within the Barings family of banks so they are not going to take action that jeopardizes the value of the asset. Hopefully someone will come along with deep pockets and buy Apeks, wonder how much it would take, maybe $60-70M after winning the lottery.

 

[admikar]

One problem that I do see, however, is AL trying to squeeze every single penny out of Apeks and pricing them out of the market.
Apeks wasn't the cheapest to begin with and, as far as I can tell, are going up in price more than market average.