is it possible?ifor the last two q company reported possitive net earnigs per share, hopefully that trend will continue in 2025.
I have question to investors. Since holder of secured debenture and conv. prefered shares I & II is same owner Canso is it possible that they can convert prefered shares into common so Flint can use cash received to pay off debenture. My rough math is that company will issue abot 1.1M common and receive enough cash to pay of the debenture. I just can't see how Canso will benefit if company is pushed into bankruptcy, if they do the swap and clean debt Flint future could be more promissing for all.
does this make any sense?