OTCPK:KATFF - Post by User
Comment by
Lech1988on Nov 07, 2019 11:49am
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Post# 30321740
RE:RE:RE:wow dodged a bullet there....we just collappsed
RE:RE:RE:wow dodged a bullet there....we just collappsed
Yup...and that 15:1 rights offering just became a 30:1 rights offering...I am not sure what Glencore expected here, of course this announcement was going to tank the stock. If it keeps tanking the size of the required rights offering to cover the debt would be comically large and/or completely not viable .