RE:RE:RE:Stephen Takacsy on BNN
BYL's financial statements as at March 31, 2022 were not pretty (see SEDAR):
Total Assets: 90M
Total Liabilities: 81M
Shareholder's Equity 9M
Shares Outstanding: March 31, 2021: 49M
March 31, 2022: 80M
These guys still carry too much debt in a rising interest rate environment (BOC boosted interest rates by 100 basis points today), have severely diluted shareholders over the past year, and high inflation will likely raise their input costs while higher prices for their goods may hamper sales. Not a great situation to be in.