TSXV:EVE.H - Post by User
Comment by
Jarredon Dec 22, 2019 10:18pm
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Post# 30482515
RE:RE:RE:RE:RE:EVE slowly but surely being derisked
RE:RE:RE:RE:RE:EVE slowly but surely being deriskedYup, ACB has a lot of shares outstanding. That is a cause for concern when evaluating a company and whether you are paying too much as an investor but it is not what will get ACB into trouble. It's whether they can generate enough cash flow to cover debt payments. That's the big issue. A lot of big companies have over a billion shares outstanding but they generate enough cash to cover any debt obligations they have. I haven't looked closely enough at ACB to determine that but obviously there are concerns with the company.