<The current state of the market both here and globally presents buying opportunities that may be a long time coming round again.>
Well that may be the case if the markets trend higher from here on. But ithey could stay where they are for an extended period or even get worse. There could be twice as many bargains going forward.
<I would like to know what the "tax implications" of Crossflo are before giving a definitive answer to the second part of your question, but if any loss is fully available then I see no reason why he can't achieve the goals.>
IMO the important goal is non-relieance on MMP revs. Sorry I must be thick. I do not see the connection between the tax implications and achieving that important goal.
<If the PTO revalidation or decision is a long time coming, the current opportunities will be lost, in my humble opinion. >
Yes that is a possibility. But if that is the scenario, then the current 100 million request others appearing on the horizen is also a possibility. In any case, the cost in terms of dilution is going to be horrific IMHO.
