GREY:FFLWF - Post by User
Comment by
Chef999on Feb 14, 2020 10:20am
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Post# 30691071
RE:RE:RE:RE:RE:RE:RE:RE:Good move
RE:RE:RE:RE:RE:RE:RE:RE:Good move
If it were ACB and HEXO they would be have been investing on behalf of their shareholders, this by definition makes them institutional investors. They did NOT receive cash as settlement of the forced conversion on their debs they did, in fact, receive shares. This increases the risk aspect of their holding and subjects them to the vicissitudes of the market. As Ive already stated, the confidence in the growth of FAF was the motivating factor for accepting the forced conversion. My belief is that they made a wise decision and allows our company to discontinue their monthly payouts and balance sheet debt can be lowered while s/o goes up.
I have enjoyed your child like postings and the putting on display of your complete lack of knowledge but Im done responding to you. Good luck and try to brush up on your English language grammar and spelling.