InvestorsHub Logo
Followers 4
Posts 731
Boards Moderated 0
Alias Born 06/20/2015

Re: LouisDesyjr post# 4426

Wednesday, 07/01/2015 9:44:35 AM

Wednesday, July 01, 2015 9:44:35 AM

Post# of 19340
I would agree that if they need more DIP then it may be an ominous sign. However, the payment of $17M in March, for an Loss of Asset held for sale? (Which Assest? And if it is a sale why did they pay out $17M?) which is a massive one off payment that is already 50% of the first DIP Instalment paid out within days of receiving it.

This was offset with the sale of the properties for $17.5M in June, so its even there.

The months of March/April can be mis-leading because they are end of year tax returns so more going out than usual.

At the moment they are cash flow positive. They have the added $17.5M in June to add to sales so lets see where they are in the next MOR...

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HYMC News