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Renegade Petroleum Ltd V.RPL



TSXV:RPL - Post by User

Comment by hawk35on May 18, 2013 10:31am
129 Views
Post# 21413625

RE: RE: DEBT

RE: RE: DEBT

The credit line won't be increased.  They need to announce a plan to reduce the existing debt below 200 million.     If they trim the divi by 20%, the share price won't tank 50%.  It's baked into the sp already and the sp drop has already been overdone.

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