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Cequence Energy Ltd Common CEQXF



GREY:CEQXF - Post by User

Post by RollinInDoughon Apr 22, 2019 1:09pm
67 Views
Post# 29655127

quite the dog here

quite the dog hereOct roll back shares so you got one share for every 20 you owned... wow... woof...

debt of $73 mill when they cf about $13 mill... almost a six times debt to cash flow... ughhh.... that is horrible

they could not pay off their debt as it came due so they extended it as the debt holders thought that was better than putting the company in bankruptcy..

and then I look at the posts here and see the same losers that appear on other terrible companies... same losers lose and lose and lose some more...

this company is such junk... pure rubbish... almost 6 times debt to cf!  unreal how bad... and natgas too boot... this is a bad time to own a lousy natgas producer... if you want natgas own one with lower costs and big production.... not junk like this
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