GREY:ZARFF - Post by User
Comment by
Methodon Mar 31, 2018 4:51pm
56 Views
Post# 27810831
RE:RE:RE:RE:RE:RE:WCS yesterday $48.66
RE:RE:RE:RE:RE:RE:WCS yesterday $48.66 Especially with WCS trading above $55 now. At 80 you are creating the debs at less than 2x field cash flow based on management guidance in the latest presentation.
https://www.psac.ca/business/GMPFirstEnergy/
alkhor wrote: I can't figure out why the debs aren't trading closer to 100. Worst case scenario is the company pays off the debs with equity, which means the deb holders will end up with the majority of a totally debt free company. They will get the full value of the debs then.