When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
With the release of its Q1 earnings, Bonavista Energy (OTCPK:BNPUF) announced suspending the dividend. Considering the title of my previous article three months ago, "the dividend doesn't make sense", the decision isn't a surprise.
The Q1 MD&A report contains another statement that we could see coming due to the high level of debt. Management announced a potential breach of some debt covenants.
Before getting into the details of these developments, let's have a look at the Q1 results.