TSX:AX.P.E - Post by User
Post by
garyreinson Oct 27, 2023 9:05pm
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Post# 35705264
3 or 4 party consortium
3 or 4 party consortium Makes sense whoever wants to be involved in a privatization will go to 10 to 20m shares at 6 to 7 bucks, then a buyout would only need to buyout between 30 and 50m shares and can be funded from asset sales...300 to 500m. Much more manageable with 4 parties, but even 3 is doable.
Would be hard for these big entities like Joyce or edgepoint to ever sell their stake on the open market.
Iris is a good structure to funnel liquidity out.
This does seem like the most likely outcome. But will they lowball us.