Post by
winterishere on Mar 03, 2021 8:15pm
Smooth move
Great move by Che.un flogging shares while the market is hot.
Kherson, will Che.un be able to pay all the distributions for the new shares?
Comment by
Kherson on Mar 03, 2021 10:06pm
The simple answer is no! As I have pointed out many times, the distribution is not sustainable and now the banks are also worried about their lines of credit, hence the equity issue. Keep in mind that the 1st Quarter is already 2/3 over and Chemtrade knows that their financial picture is deterioriating daily. I still firmly believe that the distribution will be eliminated. Kherson