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re: Looks Like OU Broke And Coming To SEC Just In Time
Posted on 6/28/24 at 9:43 am to ColoradoElkHerd
Posted on 6/28/24 at 9:43 am to ColoradoElkHerd
This entire thread demonstrates that people don't understand how debts to assets work for large organizations.
2
Posted on 6/28/24 at 12:21 pm to skrayper
Told u the masses are azzes
Posted on 6/28/24 at 12:31 pm to skrayper
quote:
This entire thread demonstrates that people don't understand how debts to assets work for large organizations.
I understand exactly how it works. If OU wanted to build they should have issued long term bonds at fixed rate when rates are low.
Long term fixed low interest rate debt is not an issue.
And there is a big difference between a productive asset and what they evidently now have which is some duplicate assets that must both be maintained.
This post was edited on 6/28/24 at 3:08 pm
Posted on 6/28/24 at 12:36 pm to ColoradoElkHerd
A&M 6.2 Billion in debt and nothing to show for it.
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