RE:RE:RE:RE:Last week to sell before major dropSeasonedbroker wrote: Well. Let's start with the cash burn rate. The convert deb is not due until 2024 but at 9.38usd. I see the company remaining cash flow negative for at least 2 more years. Additional financing will be required before this deb comes due. And if the sp is below the convo price it will have to be paid in cash. Would you like another?
Convertible debt is at 5.25 % rate. It is the cheapest money one can find. I am surprised APHA was able to get such a low rate. At $1B plus sales in 2020 there in no issue in cashflow. Stop the BS. At a an easy 10% EBITDA on $1B revenue they will have an easy $100M cash flow positive position in 2020. CAPEX currenlty is needed in LATAM and Germany. There will be no issue in financing any CAPEX going forward.