Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Comment by tylerreddickon May 26, 2023 12:06pm
157 Views
Post# 35465885

RE:RE:Have the wheels fallen off the bus?

RE:RE:Have the wheels fallen off the bus?Agreed that by front loading their 2023 capex, (while it ballooned the debt, again), it does provide the opportunity to get the debt level back toward where it is sustainable, even with low AECO gas prices.
Oil/condensate prices are still pretty good.

Their Q2 capex should be limited, so the cash flow should be going to debt paydown first and foremost, although a couple of NCIB buys would sure be nice. Wouldn't it be far better to buy at these levels than wait for those delineation results, and pay a much higher share price? Of course they already bought a bunch at much hgiher prices last year. But then again, they aren't spending their money, they are spending OUR money.
<< Previous
Bullboard Posts
Next >>