Cash is King!

I think for the first time in history AMC has more cash on hand than the market cap People are talking about BBBY 2.0 which is complete nonsense Operationally this offering was not necessary In my opinion, it can only be because the debt is currently being renegotiated in the background Over a billion in cash also improves your credit rating Either they renegotiate the loan (repayment period) or they may find a better lender and repay the debt in full with the old lender, if possible Cash is king to get good conditions for this Then the debt will not fall due in 2026 but perhaps in stages from 2030 Speculative, of course, but the only thing that would explain the offering. $AMC Entertainment(AMC.US)$