They could have gotten more than 10% interest on the 4 dollar shares. Instead they took the stock at 4 dollars, assuming they are worth 10% more than the 4 dollars .. . in two years.
from white house press release
Recognizing the excellent collaboration between Canada and the U.S. to establish world-class, aligned regulations and programs to improve the fuel efficiency and reduce greenhouse gas and air pollutant emissions from on-road vehicles, the leaders reaffirm their commitment to continue this strong collaboration towards the finalization and implementation of a second phase of aligned greenhouse gas emission standards for post-2018 model year on-road heavy-duty vehicles. The two countries are currently implementing aligned requirements for greenhouse gas emission standards for cars and light trucks and the leaders commit to continue close collaboration in conducting mid-term evaluations of the applicable standards for the 2022-2025 model years to ensure further acceleration of the improvement of vehicle efficiency and zero emission technologies
I agree that much of their investment was in the ANGH. But they have been able to grow their sales volumes steadily even with diesel prices plummeting. Meanwhile, the stock price has been cut to about a third of what it was a year ago. The stock has priced in a major bankruptcy or liquidity crisis event. And with their cash flow increasing, debt going down, and expenses down . . . looks like no bk risk at all. No liquidity problems.
Nat gas at five year low -- shippers will opt more for trucking than ever if the fuel price plummet is translated to shipping prices. Plus consumer goods sales will increase a good deal as people spend more. Economy is strong.
Margins will go down for first two months of this year compared to average last quarter, I would bet, but not by much. I mean, the margins seem to hold pretty steady despite drop in nat gas prices. Because of increased demand. Nat gas prices go down, margins go down very very slightly, and demand goes up substantially -- that's what I see for Q1.
lock up period ended on private placement shares last week, and some of these shareholders are selling at any price. I donot believe they "know something." Just they they need cash quick perhaps. And yes, that they may have lost confidence and had pent-up desire to sell. Wtih all the communications with IR that have been reported on the Seeking Alphacomments sections, it seems the company itself is quite confident in its future.
Nothing new; just Hoium trashing SUNE and anything associated with it. But GLBL is not SUNE and only acquires the excellent projects that SUNE builds, not the high-cost debt. And in fact, the rate of return on the PPA's is very safe. And the dividend will be paid unless they totally lied on their latest 8K. So, pick up GLBL if you want that nearly 30% dividend. Plus, I expect the stock to go back to 4.40 this week (earnings) and then 5.50 by ex-dividend date.