Home › Forums › StateFans Non Sports Talk › Save Hoffman Forest – NCSU Selling 79,000 Acres › Reply To: Save Hoffman Forest – NCSU Selling 79,000 Acres
It might be said…
The only reason you ever sell any asset, especially one that is paid for (free of debt)… is that you GOTT something BETTER you can do with the after tax proceeds of the Sale.
To put that another way…
To say “we’re gonna sell an debt free asset simply because we can get a ‘decent’ price while nobody’s looking… and put the money in the bank and then go look for something else to do… well…
Somebody else might say… “We expect better than *that from someone with ya’ll’s education and experience…”
Another observer might say… “You guys ain’t telling everything…”.
‘Cause everybody knows… the growth rate on Pine Trees is somewhat higher than banker’s interest rates on Cash Deposits.
Without full disclosure… Nobody really knows what the “Real Better Deal” is…