RE:RE:RE:Shorters die tomorrow...Craigbad wrote: They are issuing more debt! The debt to ebitda is likely going over 7!!!!!!!!!!! More interest to eat cashflow! Great news! Any UK price pressure is going to kill this next year!
YOLO77 wrote: Can you explain why this is such great news ? I am long and hoping it is good news, just don't know how this affects us exactly
If nothing was mentioned about repaying debt, im assuming these will be issued for a high interest rate. If not would they not have been better to pay off higher interest debt with this. They are digging a deeper hole