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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by ch1nmuzakon Jan 24, 2018 8:32am
113 Views
Post# 27422337

RE:get rid of long the term Debt ??

RE:get rid of long the term Debt ??
swale13 wrote: it looks pretty easy at 1.55 ZN

they could just wipe it out or cut it in half by mid 2018 if they wished
I wonder if that is the way they go .. that approach certianly did 
a lot of good for Teck's share price but then again Teck were 
carrying  alot more debt per share  they peeled off (2016ish-2017) -2.5 billion  
we only carry .15/ share at the moment 


Precisely ... debt is not an issue for TV and there are also early payout penalties associated with the GLEN debt. Just pay off max allowed w/o penalty. Reorganizing debt so more of it is future dated would also b positive. IMO Share buy back is the best way for this company at this time to affect SP positively over the long term. Not sure if TV has any governance over buy backs in place ( e.g. max % of float that can b bought back ) ? If nothing else ... a buyback announcement would b an unmistakeable message to the market that TV has cash.
Bullboard Posts