Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

NYSE:CR - Post by User

Crane Co > Private issue

<< Previous

Bullboard Posts

Next >>

Post by Cheadle12on Jun 21, 2021 6:45pm

152 Views

Post# 33424832

Private issue

If Crew were to issue 55,000,000 shares at $1.79 (todays closing price) they'd get $100M.

That would pay the YE2021 debt down to $250M. This brings the D/CF ratio down to 1.5x and would probably lift the stock price even more.. risk away.

Not saying go this route, but now with the equity value returning, they have more and more options.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China