GREY:ALEAF - Post by User
Comment by
rad10on Jul 17, 2021 1:55pm
172 Views
Post# 33565351
RE:RE:RE:RE:RE:What is there to cheer about?
RE:RE:RE:RE:RE:What is there to cheer about? Aladdin
Retail investors are more likely to get rich by rubbing an oil lamp.
Debentures could easily be picked up at 60 cents on the dollar; a healthy double digit yield and capital gain are both readily attainable.
The average retail investor can't short penny stocks. The cost is prohibitive - unless you have a magic genie.
Review of the MD&A confirms minimal secured or first tier debt, and an overall significant decrease in total liabilities...... Does your pal really think debenture holders will be left empty handed in June?
Next spring there will be an offer of a partial redemption, warrants and a higher coupon - in an attempt to kick the can down the road. The alternative is to dilute. (Any combination will be on the table)
You read it here first - just like the charitable Christmas treat I gave you guys regarding the Emblem debentures.
No schadenfreude just facts....
GLTA