Bellatrix Exploration Ltd (Canada) BXEFF

RE:Restructuration

[rad10]

Straite wrote: What we need is the company to organize a restructuration such that it substantially decreases its debt level while maintaining relatively high FCF per share after restructuration. Such a shift, which would make the company investable as fear of going under disappear, which could suddenly make it worth much more. Look at Imperial Metals Corporation (III) for example, it was highly indebted which was keeping it at depressed price even though there was a slight rebound in metals & mining/copper. With the asset sale and debt refinancing, the company looks totally different for investors. I cant say if a similar scenario will happen here. Hope it for holders...

So you think a restructuring whereby equity holders are wiped out is a good thing?  only retail investors are holding common shares in this dog.  This is like a turkey voting for thanksgiving...................