Post by
lscfa on Jun 22, 2023 10:31am
October 16, 2023
$34 million of debentures comes due.
Comment by
Paparico1 on Jun 22, 2023 1:30pm
They will have $20ish million in cash plus $20 million credit line in October when the $34 million in debentures come due. Plus buying back 10% of the convertible debt before October. Finally debentures are still trading above par. All good signs
Comment by
existabo on Jun 22, 2023 4:15pm
On top of great results and financial strength, broker are going to look for action on M&A and ask their analyst to write it up. We need new buyer to push the 50 day moving aver. back up past the 200.
Comment by
Paparico1 on Jun 22, 2023 6:52pm
RSI at the same point in Oct 22ish, before it doubled in price. Volume is great too. MACD has been climbing positive since start of May. nice
Comment by
existabo on Jun 23, 2023 11:51am
look up Simply Wall Street, independant ( no broker) site that give fair valuation . Back to the chart ,we need good to great volume for a decent breakout.