GREY:ALARF - Post by User
Post by
Ogopogo007on May 25, 2019 1:50pm
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Post# 29773220
$100,000,000 in debt.....
$100,000,000 in debt........so any sort of credit crunch and debt gets paid, common shareholders get a div cut.
On the plus side, looks like mngmnt didn't want to dilute shares down this low to do an equity raise & conversion is much higher SP. So lend out and earn 15+%, pay the 5.5% to banksters...all is good
Now about starting a DRIP for shareholders........