Post by
Swl1896 on Feb 24, 2021 8:31pm
No analysts to give their opinion so...
I think this is somewhat positive. The offering of this small amount of debentures is meeting the company's basic requirements so they are trying to minimize dilution. It gives the indication to companies that may be interested in taking over FEO that the current owners have deep pockets and can kick this can down the road for a looong time. Bottom line ... bummer that a deal has not been done but these guys are a long way from giving up. Hold on to your shares, buy on the dips, potential for a big payoff someday (don't be in a rush though so be prepared to feel some frustration at times - I know I do).
Comment by
LionWhisperer on Feb 24, 2021 10:14pm
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