fire sale!!!

Given the pattern of asset disposals in recent times by this co one can not help conclude that it's like a quasi
fire sale/liquidation but the only difference here is that it's being handled internally

the liquidation u have when u don't have a liquidation

mgmt want to get debt down to 240m from current level
of just over 300m but i stand to be corrected
read the red stuff down the bottom

i don't hold any stock in Arl and frankly can't care much
for it's future of which at this rate seems like deminishing if the banks keep exerting pressure to sell assets in order to meet repayments