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10:54
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Originally posted by danginvestor
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I agree with that approach. But let say MRM were to somehow have no LT debt besides their usual $200 to $250 debt to avoid a lazy balance sheet. In other words, what would MRM be priced at if it were to raise capital to repay all that ~$180M debt used to acquire Jaya.
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That's a misquote from Ben Grahams article in Forbes during the great depression as it does not apply in this case as previously discussed.
