Not GoodThe only good item out of this report was they managed to get their debt down to 4.9b but their fcf is now in the red when this was their strong point. With less than 300 million now in reserve they need to turn this around real quick otherwise they will be forced to dilute shares. Major shareholders can not be happy with this ER.
Its clear well we’ll need to wait at east until 2020 to see if their plan of buying all these entities and putting them in this much debt will pay off in the eventually. Or will it sink this company.