OTCPK:JENGQ - Post by User
Comment by
SlickRick40on Nov 27, 2017 8:18pm
101 Views
Post# 27042594
RE:RE:private
RE:RE:privateStocknerdEQcool wrote:
Agree, I bet the potential buyer would be one of the insiders.
They won't throw JE a life preserver. Better to recommend the company to slash or eliminate the dividend and then hope they can pay down some debt.
The lower the shares go, the higher yields expected by debt investors and the lower the likelihood of a common share offering to give them breathing room.
This could end very badly for longs. If Japan doesn't buy into the NG contracts, the dividend is dead.