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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

Post by kramaswamyon Jun 01, 2021 4:11pm
227 Views
Post# 33304816

Regarding raising more capital through equity

Regarding raising more capital through equityNot going to answer the other thread since it was started by another worthless troll bot, but I did feel this specific topic was worth exploring a bit further.

I do agree that Trevali should focus its efforts on paying down its debt in order to get itself back into a healthy fiscal situation. I also *generally* agree that getting capital through equity would be a mistake right now.

However, "never" is a strong word. I think they would have to do a really good job of justifying the reason why they need more capital if they were to ever raise more through equity, but I could see there being opportunities. Do remember that companies like Trevali can't operate in a vaccuum. Unless they plan on growing through acquisitions, they have to be planning years in advance for new projects. And growing through acquisitions has traditionally been the one with the lowest ROI.

For the short-to-medium term I 100% agree they need to focus on building back their balance sheet and building up a healthy cash reserve for when things get rough again, especially considering the cost of debt is almost certainly going to be going up over the coming years. But if this time next year Trevali were to announce a new project financed through equity, I could see myself being on board.
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