Good news
ngl it’s impressive how they went from 5.01 billion in debt to 4.56 billion in one year
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Piggy Bank Trader : They diluted 210 million shares. Not too impressed. And when they did the price was around 7-8.
So paying off 500m after raising like 800m and running out of shares to sell, still bleak out look.
buenchile : Just wait and hold
FlaminHotDealz : Lol so to clear debt, retail investors have to lose 9 more times ah?
Piggy Bank Trader FlaminHotDealz: Exactly
Piggy Bank Trader FlaminHotDealz: But they can only sell 200m more so they don’t even have the shares to sell.
I tried to tell them and they all lost their minds and attacked me.
Remember last year and this year when people were saying amc only has 3 billion of debt
Emotionless Piggy Bank Trader: that hasnt ever stopped them before.