RE:RE:RE:RE:RE:RE:Largest Shareholder acquires $7.4 m in sharesThis India mess isn't going away any time soon apparently and Friday was a good indication of what happens if Mithaq isn't absorbing the selling. I wonder if shorts will now latch on to Aimia by association.
If management here had any brains they'd call off the deal immediately. The India stink could taint this stock for years.
I swear if management was walking across a football field that had two piles of dog shT in a random corner they'd somehow end up tripping over one pile and land face first in the other.
Why exactly are they so obsessed with overseas businesses anyway considering the perceived undue risk that destroys confidence and share price? All they are doing is buying a way to permanently discount the shares moving forward. Who in their right mind does that?
Hopefully Mithaq is acquiring to take an activist role. A change at the top is more than due imo, the sooner the better.