GREY:ALEAF - Post by User
Comment by
rad10on Jan 05, 2022 9:10am
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Post# 34284492
RE:RE:RE:RE:RE:RE:If ALEAFIA can show themselves to be cash flow positive
RE:RE:RE:RE:RE:RE:If ALEAFIA can show themselves to be cash flow positiveKeyser
I couldn't tell who the big holders in both tranches of debt were. (rebought at 60 cents on the dollar, missed the top, but averaged out at 83 cents with gangsta interest last fall - not too shabby for a brain in default).
If there is significant overlap between the debenture and secured facility holders, smaller debenture holders may fair quite well.
If - like yellow media - there is little overlap; debenture holders will get thrown under a bus. My understanding is that there are many small retail holders. Things aren't looking too great.
Either way - common share holders are unlikely to retain anything unless the debenture holders are made whole.
Average away Aleafian fiends, average away................