GREY:ENTCF - Post by User
Comment by
rationalexuberanceon Oct 12, 2017 3:06pm
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Post# 26806008
RE:RE:Some steady News Releases.....
RE:RE:Some steady News Releases.....I've been watching this for years and never touched it because of the debt/equity ratio and likelihood of bankruptcy protection but the news the last couple days of extending the maturity date of its debt and paying off some conv debs has definitely made this stock more positive. The positive c/f statement in the last quarter seems to be key into getting the banks to extend their debt facility. I liked how their maximum debt is $175mil, as they have $145mil outstanding and this will keep them in check.