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Prudent Capitalist

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Prudent Capitalist

Re: bio33 post# 136204

Monday, 02/05/2024 3:24:22 PM

Monday, February 05, 2024 3:24:22 PM

Post# of 141487
Well stated bio. By far the best time to pay down/off AMC's debt was back in mid-2021 when AMC shares were grossly inflated and trading up in the $45 -$50+ range, which now equates with $450 - $500+ post-RS. Adam Aaron asked shareholders for authorization to issue more common shares which would have enabled AMC to pay off most, if not all, of its debt with relatively little dilution selling shares at those ridiculously high prices. But the APES opposed it vociferously campaigning hard against it, and they killed the deal.
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Volume:
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Bid:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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