GREY:BXEFF - Post by User
Comment by
Don2018on Mar 29, 2019 3:47pm
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Post# 29556151
RE:RE:OK, here is my post from InvVilage, on why this is good news
RE:RE:OK, here is my post from InvVilage, on why this is good newsDave4444 wrote:
Think of it this way, at yesterdays market cap. they would have had to sell at least 2X the outstanding shares to pay off $100 million of debt. Instead they managed to pay off $100 million of debt by issuing only 1X the outstanding shares.
Essentially the debt holders bought BXE shares for at least $1.00 per share.
Hahaha, are you ever stupid !!!!!!
You have no idea how these transactions work, do ya?
What an idiot!