RE:RE:RE:RE:RE:Debt at par - discconnect with stockHermannHaller wrote:
I guess I would just emphasize the point that the company is generating enough cash to repay the debentures without going back to the market. Many companies with debentures have to refinance with new debentures (JE just recently for example). DCM is not relying on market conditions to be favourable. It may seem like a small point, but can make a huge difference.
It's huge that this company can generate enough cash to hammer down it's own debt without diluting shareholders. Nice thing is the CEO won't want dilution cause it weakens his own position. Also they paid down 10M (some from the equity raise) in 6 months. Great progress. Clean balance sheet is coming soon enough.