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Replies to post #24935 on The Rising Influence of Rising Affluence

Replies to #24935 on The Rising Influence of Rising Affluence

winchem21

12/01/21 8:15 AM

#24936 RE: winchem21 #24935

CLF stated cash for 100% of principal, so will probably issue ~24 million shares to replace the 38 million in current diluted share count. This is approximately a 2% reduction in diluted share count and focuses cash expenditures on debt reduction.