OTCPK:KATFF - Post by User
Post by
DonDeanoMarcoon Jun 13, 2018 5:57pm
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Post# 28168588
OMG day traders.
OMG day traders.
fundamentals are a less stressful way to invest. That being said, no one knows 100% what the equity reconstruction is going to entail. I thought I read $5.6 billion worth of shares to be issued, that would leave present Shareholders with 1/3 the % of the company, but the new reorganized company would have 1/4 the debt it has now. On top of that Glencore said it will avoid punishing Glencore shareholders. So I'm cautiously holding, but very glad the company is not getting dissolved.