RE:Be prepared for huge writedownsthe 360 million in debetures if not rewritten and are indeed turned into shares will not bod well for us at all;;;
trader53 wrote: They will cleanup the balance sheet before the new CEO takes over and anyone that thinks there will not be skeletons on the balance sheet will be proven wrong soon. I still maintain that before the end of 2021 we will see another equity raise and following this in 2022 we will see another rollback. Thats not to mention the 350 million of debt that will come due in 2023 which you must assume will be settled in shares. What is the real risk reward profile of Hexo?