RE:RE:RE:RE:At least I did one thing rightBookends wrote: I mean, how long do you figure the lockdown would last?? I say, at most 6 months and I'm being extremelly pessimistic./quote]
It's not just the actual cinema closures, however many there are. I'd expect those to be staggered by region to some extent, at least.
But there's also the movie business shutdown - we aren't going to see any new Hollywood stuff till fall. That has to hurt them (although I do still wonder if it'd be good for the industry, ultimately).
The analysts rate Cineplex's debt very high, but I haven't dug into any actual numbers myself.
I'm not entirely sure I'd buy back in at any price now... but $15 is where things start to get interesting for me.