GREY:XEBEQ - Post by User
Post by
AlwaysLong683on Oct 15, 2022 7:56pm
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Post# 35027222
I Don't Think You XBC Investors Will Be The Only Ones
I Don't Think You XBC Investors Will Be The Only OnesI suspect the likely (in my view) combination of more interest rate hikes, stubborn inflation, a likely recession, and possible housing / credit crisis at some point in 2023 will cause more Canadian small cap companies with excessive debt and declining sales to also seek CCAA protection. Little consolation I know, and I do not wish this on any company (especially its employees), but I think things will get worse before they get better and some will not survive it and/or their shareholders will be left holding the bag.
JMHO