If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
They are asking for Shareholder approval to sell more shares...they need to raise alot of cash quick to pay off debt notes that are coming due in June, the money they are getting back from the Hawaiian settlement will help some but it is not enuff...
Their stock closed on Friday at $.74cents...if the get the approval to sell the additional shares then their stock price will drop further..
They aren't getting money back from Hawaiian, they had to pay 52 million to Hawaiian.
Actually they are getting money back. They already made the $80 million payment, but in the final ruling the judge changed the sum to $52 million and thus Mesa is actually getting money back. Though it will only help delay the inevitable.
We process personal data about users of our site, through the use of cookies and other technologies, to deliver our services, personalize advertising, and to analyze site activity. We may share certain information about our users with our advertising and analytics partners. For additional details, refer to our Privacy Policy.
By clicking "I AGREE" below, you agree to our Privacy Policy and our personal data processing and cookie practices as described therein. You also acknowledge that this forum may be hosted outside your country and you consent to the collection, storage, and processing of your data in the country where this forum is hosted.
Tweet
Comment