Post by
Homework on Jul 01, 2023 11:08am
Debt covenant is irrelevant at this point........
With the cash on hand they can now leverage it to get more interested bankers if they need loan after year end......... The only thing relevant right now is the market s perception ....... The market says up you go Qtrh by 20% in 2days......hmmm! Will not take much to get stock above$ 2.00 before earnings... Good catalyst s are coming........ patience is a virtue........2020-2025 ... stock price $4-6 ..
Comment by
cabbieJBJ on Jul 01, 2023 12:48pm
That's been my position on the covenants all along Homework. Essentially a non issue.