RE:RE:cantechletter.com article - Eight CapitalBudFoxx2020 wrote: Rate hike will hit WELL and their massive debts hard. Don't let the promoter here fool you. Cheers.
how will a rate hike(s) hit WELL 'hard' exactly?
what you and bandit69 have failed to do here is quantify. they have ~$300MM in debt. do the math - if floating rates increase even a couple more % points, the increased interest-only costs are still manageable. the company is cashflow positive and can absorb it. their growth is outstripping the financing costs.