Jul. 16 at 11:32 AM
$OPTU WRONG!!!
📉 Why OPTU is crashing:•
📉 Tender Offer Ended: The
$2.50 share buyback expired on June 30. The artificial price floor is gone, causing shares to plummet toward
$1.00.•
💣 Massive Debt Wall:
$26.6B in total debt looms.
$6.2B matures in 2027 (
$4.1B by April), forcing a 'CCC' credit downgrade and high default risk.•
⚔️ Creditor Civil War: Top lenders (Apollo, Blackstone) blocked management from easy refinancing, threatening a distressed restructuring.•
📉 Business Decay: Telecom giant posted a catastrophic
$6.10/share net loss as customers rapidly ditch broadband and cable for fiber rivals.•
🚨 Delisting Fears: Trading near
$1.00 triggers NYSE non-compliance risks. Wall Street is capitulating, with Citi setting a grim
$0.50 price target.