the latest headline brookfield-related failure seems to be graftech. but is it?

brookfield took it private a decade ago @ ~$700m, and the mkt cap now is ~$400m.
https://www.crainscleveland.com/article/20150817/N...

however, brookfield retook it public ~$14/share, and despite its current +80% decline, has taken exclusive revenue, dividends and made transactions all the way down. at one time, eaf was the darling of pabrai and spier, until it became clear (too late) that iron-clad contracts have no meaning in a crisis (maybe a lesson here for today's shipping industry).

although it does not appear eaf is an obsolete company with no reshoring tailwinds, maybe brookfield just decided it has become too small relative to any recovery. brookfield probably suffers from its oversubscription of other opportunities.

yet another lesson of not being on the other side of brookfield control, and sticking with BAM and\or BN.

Brookfield Corporation FAQ

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