at the cash LNG has compaired to the Debt, it is scary. How can they avoid many more share offerings? This isn't a bash. Just a simple question. I look at the key statistics on LNG and unless Yahoo is really screwed up you have to admit it is very risky. Does anyone know it the cash from the last earnings is in those figures, or was it spent already on other debt? TIA
SAC Capital Advisers LP, a $14 billion hedge fund run by Steven Cohen, bought a 5.7% share in Cheniere Energy, a vote of confidence in a liquid natural gas export venture.
The investment, announced in a filing with the U.S. Securities and Exchange Commission, will boost Cheniere as it attempts to convert its LNG import terminal in Sabine Pass, La., to an export facility for shipping low-priced US natural gas overseas.
Throughout the fourth quarter, LNG announced three 20-year contracts with a combined base price of nearly $30 billion, with a possible fourth long-term contract in the making.
Are you mentally challenged? Fishy posted a ligit post and you started the trash talk. You could have explained why having no cash and huge debt does not scare you. It looks like they will be doing a lot more share offerings to keep going. You were the rude guy and got B-slapped.