11-08-2023, 09:48 PM
Something I haven't thought of is the current treasury rates. If we were able to get 4% for 10-20 years on that 1.62 billion. That would make me happy.
Instead of collecting the 25 million a year for leasing it out, which I guess is what was happening. We could be collecting almost 65 million just in interest of the proceeds of the sale.
I see them spending it like drunken sailors instead though.
Instead of collecting the 25 million a year for leasing it out, which I guess is what was happening. We could be collecting almost 65 million just in interest of the proceeds of the sale.
I see them spending it like drunken sailors instead though.
