OTCPK:AKUMQ - Post by User
Post by
mjh9413on Aug 10, 2022 12:38am
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Post# 34883698
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ResultsStonepeak debt is sucking them dry. Adj EBITDA is only meaningful because it reminds us how much that debt is costing. On an EBTDA (not adding back interest) BASIS they will ALWAYS BE NEGATIVE and interest is a REAL CASH COST and has no equity equivalent as it would simply take too many new shares to eleiminate that debt even if they could..