GREY:BNPUF - Post by User
Post by
Donhowon May 07, 2020 6:25pm
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Post# 31000461
Debt issues
Debt issueswill only be resolved by BNP getting enough cash flow. If nat gas goes high enough the covenents on the debt will be met. I think the bankers will do their level best to steal these assets because in a year they will be golden. I still compare them to Bellatrix because I think the management would not suffer if the debt was resolved with massive share conversion. They just issue new options. I lost a boatload of cash because I didn't think they eliminate the divi all at once. If they issue stock for debt and do a 20 for 1 they will be a buy at the equivalent of half a penny. That should nbe in about 2 months.