TSX:AGTPRA - Post by User
Comment by
SamRothsteinon Jan 16, 2019 6:18pm
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Post# 29242565
RE:My opinion, this is a strategy to keep stock price up
RE:My opinion, this is a strategy to keep stock price upI definitely do not think this is just a strategy to prop up sp. I think CEO, Northpoint and Watsa are making a very smart buy at $18 a share and obviously they have the means to complete purchase with the shares owned plus Fairfax providing financing. Only question is whether the vote goes through, which has now been scheduled for Feb.5th. There is one large shareholder opposing the buyout at $18, and they own 18% of the stock. There is possibility though that the offer gets sweetened.