Perspective you may enjoy thisAn interesting point of perspective
1. Calculate the cost to bring long-term debt of BTE down to the same amount of WCP.
2. Calculate the cost to bring shares outstanding of WCP down to BTE levels.
Shares outstanding
WCP 632,093,907
BTE 564,110,922
Non-current long-term debt Q1-21
WCP 1.722m
BTE 1.377m
BTE cost to get down to WCP debt amount $345m
WCP cost to get down to BTE shares outstanding? Well considering as you buy the share price would go up...but use the current price of $6.43 x 67,982,985 = $437m ...IF you could scoop up 67m @ $6.43
It just puts the debt is a bit of perspective.
Enjoy cheers