Originally Posted by
Puddytatt
Where did this $20m come from? in December it was rumored to be $200m. Now it's suddenly 1/10th of that, yet there are more m7s on the reports? One, or both of those numbers, is clearly wrong. Inflated the $200m to make it seem shockingly high, then deflated the $20m to make it seem like it isn't that valuable to get ALPA to settle for less is my guess.
Reportedly, HT said in a recent Velvet that the previous month was $23M in 23M7 costs. (In a shoulder month, no less)
That’s second hand from me, but someone who heard it firsthand posted it here and FB.
I believe a similar rumor was that Oct was $10M, so if that’s accurate, it’s getting worse, not better.