RE:RE:RE:New Press Release - AIMIA ANNOUNCES TERMINATION OF PALADIN AGREEMENTSThe shares are locked until November, after which Paladin can do as they wish. I'm doubtful they'll be a long term holder, given that the Paladin entity seems to have ceased operations, but who knows. Nice payday for Tariq.
The Paladin agreements should never have been signed in the first place. That was the original sin. It's good to clean them up, and of course it wouldn't be free to do so. We will only know in time whether the price was reasonable, as it completely depends on performance of Bozzetto and Tufropes. It's the share issuance that I take issue with, particularly after talking so much about the undervalued shares and suggesting they'll start an NCIB later in the year!!!
For what it's worth, I still think current mgmt is infinitely better than the prior team.