Post by mjh9413on May 20, 2021 2:05am
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Post# 33235994
Financing
FinancingThis was mid-march.."Oak Hill currently has no direct or indirect interest in the securities of CF Energy, or any right or intent to acquire such an interest except pursuant to the exercise of the above referenced Options."
Now Oakhill has some (?) part of the $600K debs. (They don't say if it is secured debs, so presume not.) Is this a good sign? Don't know. Got out of CFY long time ago when higher but had thought they might actually grow with EDF by their side. However, they just keep being jerked around by their own business decisions (like their jv's) and local/statewide rules, hence lack of sustainable growth momentum. Also China: that is real risk...as the Toronto market has experienced in the past...but CFY has appeared to be responsible corporate body since inception despite the 'dividend affair' and the experience with the 'family stakeholding.'. GLA..