very many preferred shares out there and the company can afford to keep paying the divvies and really needs to to protect its SP and future. They should survive, but the must keep paying the preferred divies. Is this basically true?
There are cumulative and non cumulative pfs.The first must py if they stop paying.The second never have to pay if they stop.This risky. Stock is at 72 cents.
Could you, or anyone, explain what you are talking about??? What is the situation with AKT?
its senior debt.