RE:RE:RE:shorts are going to have a large dividend to paytradetoretire wrote: all WGL service areas are severely hit by covid
ripet numbers are down (1 ship in March)
still potential for aci sale to back out
unknown valuation regarding the put option
gaz in northern bc/ab in question if the small time go out of buisness
other assett sales in question due to general sentiment
say a drop of ebitda to low range + 15 % = 1.083bn ebitda and a debt of 7.254bn= potential for downgrade
also without assett sales/aci closure FFO<DIV+CAPEX guidance
depix wrote: uograd wrote: give the shorts credit, they have massacred all the pipelines today but in one hour they will be responsible for a pretty huge dividend here at ala. final hour of trading should be interesting. Could be a squeeze.
In reference to ALA, if the stock is down 20% then paying the div still gives the shorter a win win situation.
Not sure why ALA in particular is getting hammerred so much.
If things were really that bad, do you think that Crawford would have bought $500,000 worth of stock a week ago?