Post by
woolwich on Mar 02, 2015 10:26am
Knock, Knock - llROC
TMX listing review likely driven by below-threshold prices, possible delinquency in paying listing fees, etc. Yet another example of Board and management incompetence. Sixty (60) days to rectify the matter failing which shareholders will find it particularly difficult to get any financial information. That could be a scenario that might work very well for Brookfield.
This could be the week when directors and execs begin to bail. In any event why are not hundreds of debt or share holders not bombarding the ARF offices with calls and e-mails demanding immediate information?
Comment by
2Greying on Mar 02, 2015 11:07am
The financials must be complete...Brookfield would have required them....they won't release unless they want to satisfy the listing requirements. Agree I think some management and board members will start to leave shortly. I think this is a house of cards....Brookfield may not even want to take it over (especially with likely pending lawsuits).