RE:RE:RE:RE:LTD - $4B is realisticHi 859, I understand your concern about the reverse split. My recent experience with Precision Drilling (PD) where they did a 20:1 reverse split, has been good. Prior to that, they had trouble getting volume. It was 80-85 cents presplit now $28. ////
Regarding the debt, strictly as an observer, 3 things. first, I'm guessing if its $4B after Q4, that's too high. It should be addressed. 2nd, as you know, good businesspeople don't miss opportunities when they present themselves and right now we are probably trading at 1/4 of the company's intrinsic Enterprise value so....3rd, EM said the debt will be higher than expected by $2B due to the pandemic? Well you know what thats possible I guess but probably I don't believe it. Thou doth protest too much me thinks. ////
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Anyhow, that's what I'm expecting. The debt to be addressed once and for all, certain parties to carpe diem and we all to be better off than we are now but not as well off as we could have been had .....................................................................................................
Cheers,
Pablo