GREY:CHALF - Post by User
Post by
TheCanadianDudeon Feb 06, 2022 1:26am
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Post# 34401936
DO NOT TAKE A RISK: CHAL is DROWNING IN DEBT & SINKING 👽
DO NOT TAKE A RISK: CHAL is DROWNING IN DEBT & SINKING 👽What Risk will Chalice's Debt (DE=68) most due in 2022 Bring?
Debt is a tool to help businesses grow, but if a business like Chalice is incapable of paying off its lenders & debt holders, then it exists at their mercy of a hostile takeover or in the worst case scenario, a company can go bankrupt if it cannot pay its creditors. However, a more frequent (but still costly) familiar CHALF occurrence is where Chalice issued shares at bargain-basement prices, permanently diluting shareholders, just to shore up its balance sheet then reverted to a meaningless & failed Reverse Split that resulted in more debt & more loss of value