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aussiekevin

05/26/21 8:25 AM

#42955 RE: Newbie2021 #42954

The Oasis debt hasn't really gone down much over the last quarter, so the dilutive pressures will remain largely the same for a while. I don't see how that can be considered anything but bad news. They are still nowhere near making a profit to consider paying it off.
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tasari

05/26/21 9:43 AM

#42956 RE: Newbie2021 #42954

You are right, the debt will be paid off when the company gets more and more orders to fulfill. Back to before COVID-19 times..
Do not forget ABCO was hit early ( already in Q1 ) because China couldn't deliver the supplies/material anymore for some months...
So really good the company is already slightly higher than Q1 2020.

Economy is improving everywhere ( which is not difficult ) and vaccination campaigns are in full power..