OTCQX:GXOCF - Post by User
Post by
uogradon Aug 10, 2018 10:22am
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Post# 28440136
hedges killed them, debt brutal, dividend is toast
hedges killed them, debt brutal, dividend is toastAfter a pretty close look at financials this morning I am afraid it looks like the gig is up here.
They have another review of their bank line on or before Augsut 30 so I see no chance of the banks allowiing dividend to continue after that .
Maybe one more this month but that will be it and with no dividend you are looking at yearly lows in september.