Peabody Energy Corporation (BTU): Pennies, are you suggesting that BTU is...

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Re: Pennies From God post# 2313

Saturday, 11/21/2020 5:22:18 PM

Saturday, November 21, 2020 5:22:18 PM

Pennies, are you suggesting that BTU is trading out
company stock in order to cancel debt? I do not see where
Adage is currently holding any BTU debt/bonds.
And 5 million shares would be more like about 5% of total
BTU stock (not 11%)
Last I saw BTU shows about 97 million shares outstanding.
PS
How do you know that Adage is not just making one of those
mandatory announcements necessary when somebody owns more
than 5% of a company's stock?
PSS
Either way, this looks to me to be good for BTU's strength
and ability to compete fairly.

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Recent BTU News

Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/18/2024 10:15:18 PM
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Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/24/2024 11:50:26 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/22/2024 12:01:14 PM
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