Post by
swingtradeeeeee on Dec 07, 2022 10:13am
Ouch 🤕
Another half a point on that floating rate debt. Maybe 5 dollars a share on the NYSE, 50% dividend cut leaving a 6% yield. Just a guess from one of the dumb retail investors.
Comment by
swingtradeeeeee on Dec 07, 2022 11:11am
There will be over 3 billion in floating rate debt after the Kentucky purchase.
Comment by
darb on Dec 07, 2022 11:22am
Thanks for highlighting that Capharnaum.
Comment by
swingtradeeeeee on Dec 07, 2022 11:34am
Hopefully interest rates won't have to go much higher. Just a bad time to be taking on more debt after paying too much for an asset.
Comment by
swingtradeeeeee on Dec 07, 2022 12:18pm
Some of the talking heads that got this company so wrong are saying 6 percent interest rates before this cycle is over. Hope not for all who have taken on a lot of debt recently.
Comment by
swingtradeeeeee on Dec 07, 2022 1:09pm
I don't know who holds the credit facility they will be drawing on but they report in United States dollars. I'm in the pause now for all of 2023 camp.
Comment by
swingtradeeeeee on Dec 07, 2022 1:19pm
I'm Canadian eh so I can only talk canadian. What's the difference between a Canadian and a canoe?
Comment by
swingtradeeeeee on Dec 07, 2022 1:37pm
Only a canoe tips . Hopefully electrical rates in the US northeast won't be depressed
Comment by
pennydredful on Dec 07, 2022 5:11pm
According to a recent investment banker I spoke to , to quote him " currently AQN is unfinancable from a common share prospective" which I take it to mean no share sales are possible due to a lack of confidence given the steep slide in the share price and the disclosures that brought that on.
Comment by
svsingh83 on Dec 07, 2022 7:47pm
Who is buying millions of shares every day?
Comment by
bmbruce on Dec 07, 2022 12:22pm
Currently 22% is being financed subject to floating rates but keep in mind that this percentage will increase when the Kentucky Power deal is finalized as mentioned in the earnings call…