I dont think it is a dire as you suggest, as a large component of the debt converts to equity (albeit at a much higher price). This is also the sticking point for PEN completing a NYSE listing due to the overhang of potential converting stock.
I think that the financial metrics should improve with a positive cash flow quarter. At the very least, they are heading in the right direction.
I think the debt situation is a good point to raise as it doesn't get mentioned much and it probably has contributed to the low share price; however, I think that the retreat of the U price in the last two months has caused havoc in the whole U Universe of stocks.
All in my opinion and please do your own research.
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8.8¢ |
Change
-0.002(2.22%) |
Mkt cap ! $280.4M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.6¢ | $166.2K | 1.887M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 191955 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 30001 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 191955 | 0.086 |
9 | 2541749 | 0.085 |
4 | 750000 | 0.084 |
9 | 1009302 | 0.083 |
4 | 127495 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 30001 | 1 |
0.090 | 268154 | 1 |
0.091 | 157081 | 3 |
0.092 | 130001 | 2 |
0.093 | 595235 | 1 |
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