Originally Posted by
Ferd149
Yes, and I agree the flow kept us from a post merger furlough. But Nu, how comfortable should we be flowing down to a NON wholly owned?
I don't know, honest.
Ferd
Just a few points:
1) The value of the flow we agreed to has materially changed for the worse. (Think how that effects our PWA language and the protection we had versus what we now have)
2) Just because the flow not is less appealing to some does not mean that you just give it away. It has value, and the value is what we had for it prior to the sale.