RE:RE:RE:RE:RE:RE:Shorters die tomorrow...Lattice, What if they buy another underpriced pharma . With current underpriced pharma's out there, they could really get more cash flow into the fold. You shorts just might get surprised with what they use this money for. Just keep shorting!!!!
LaticelnExile wrote: After seven months of Strategic Review they issue $350 million additional debt? What about firing on all cylinders? What about all the cash flow they are getting from all those drugs they traffic?
Craigbad wrote: Lemerson wrote: 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
I agree. This is beyond crazy. They must have been turned down by pirate equity. This is turning into a bigger gong show than I ever expected. Looking like they are very desperate for cash. They told the market they were targeting 6.4 debt to ebitda after last earnings a few weeks ago and now they are issuing more debt. You can't trust these guys at all. Final deaththrows in my opinion within quarters.