TSX:INO.UN - Post by User
Post by
hawk35on Nov 08, 2022 5:27pm
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Post# 35083593
If I owned this stock ....
If I owned this stock ....I'm not sure what I would do. INO is already in breach of their debt covenants. Loss of a major tenant next year will trigger all of their covenants. If the recession comes, the banks will act to protect themselves. Banks will demand the dividend be suspended and they will increase the interest rate they charge This is what banks do. Once upon a time, this was a good stock to own. Not any more.