GREY:CRIUF - Post by User
Post by
charmed3timeron Aug 15, 2017 2:16pm
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Post# 26584086
The Sell off
The Sell offI believe The selloff is related to the attrition.
They lost approx 14% of the customers.
Sure they had a net gain in customers, but how much of that is due to aquistion?
Can they continue to keep buying new customers to continue growing ?
Remember we lost our "debt free" status with the last aquistion and a bunch of new shares were issued.
For now, our distributions are safe, but we can't continue to have more than (approx) 7% of our customer base dropping out per quarter.
With the low payout ratio our distributions should stay safe, but if customers keep dropping off at this rate all our metrics will change unfavourably.
JMO