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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by MoneyMan123456on Apr 30, 2020 1:09pm
165 Views
Post# 30972157

RE:Scotia dumping hard for last 2 days.

RE:Scotia dumping hard for last 2 days.Earnings will be brutal this quarter.  Probably a draw of around 20 million on their line of credit or similar decrease to their available cash, just accounting for the fact that they are producing for a loss right now. 

They also have to make their mark to mark settlement adjustment from previous sales, which will make earnings that much worse.  They could see earnings of -40 million this quarter (earnings though, not change in cash/cash equivalents).

Depending on their corporate structure, even liquidating all assets may not return any money to shareholders based on their level of debt and mine reclamation obligations at Caribou.
Bullboard Posts