Post by antares on Feb 27, 2018 9:05:57 GMT -6
This is after they've hived off some of their assets right? How much worse would it be without the liquidation of those assets? How many (eg) Lesters could you buy for that 500 million bucks? I know the answer has to depend on the unit price which in turn depends upon how classy the Lester variant is, but just how many instruments does that represent? In turn it begs the question as to how many guitars does it represent if they have let's say 10% margin in each one? I'll guess $2,500 average for a Lester? (if not average Gibson guitar price). Maybe that's generous as an average figure but let's run with it, because if it's any lower the figures become even more ponderous. That's 200,000 guitars (or 2 million if you allow 10% margin.) That's if you could convince sufficient potential investors to take nothing back until the company was standing on its own two feet. Those "investors" would no doubt be thinking "maybe the consumers might notice there's a choice of other manufacturers before they purchase one of those two million guitars in a completely over supplied market". Based on these ill-considered guestimated ball park speculative figures, I wouldn't toss a dime in because I'd be wondering who'd actually be benefiting from that much cash input... No wonder Henry J's neck is on the block.
e&oe...
e&oe...