RE:RE:Ncib is a good move stockrook86 wrote: My one slight concern for PHA has been the relatively high (compared to market cap) floating rate debt. This relives that completely, signal that cash flow is strong and that there is no issue with covenants or anything close. I'm assuming the lender is even aware of this and on board.
great stuff
I completely agree. It's a good signal to the market that cash flow is strong and can support debt service payments and share buybacks.