GREY:ZARFF - Post by User
Comment by
rad10on Nov 11, 2018 4:45am
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Post# 28956309
RE:Best Hope is to Keep Company Intact, for now
RE:Best Hope is to Keep Company Intact, for nowWe have seen some silly posts recently - so nice to read something intelligent. This price environment is not forever. Things will improve. The company will either recapitalize or dilute when the debentures are due. Extension means a couple more points in interest on a note trading at 50 cents on the dollar. There comes a time when a bank line is the better option to reduce that all consuming interest payment.