RE:RE:RE:RE:RE:Concordia Going ForwardRye, what do you think the market reaction will be if the company announces Adjusted EBITDA of $110 to $120m of for Q3? That would be on the low end of their revised guidance and would result in additional cash accumulation of approximately $40 to $50M bringing their available cash comfortably above $500M. I estimate somewhere in the neighbourhood of $530.
ryehigh2014 wrote: Hi Craig
I forecasted Proformas for Q3 and Q4 and then 5Y forward. The company does seem alot healthier with the 350MM.
They will end off with 2.4Bn Outstanding at this rate. The real question is will they be able to refinance.
Everything points to a yes based on the private placement. But real question is Q3 actuals - the market is pricing in something and it makes sense to pay attention.