CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:RE:RE:questions on report

[ocean112]

I have been reading Nawars reports and doing my own research.  I think he's on to something.

I agree - a sale of NATO without redeplying the proceeds to other growth opportunities would not be a good thing for shareholders even if it was a temporary financial windfall. 

If NATO can be sold at a market premium (given the new delays with the keystone xl pipeline) - it would provide the money to pay down or pay off debt, buy back shares, maintain the dividend - and maybe even buy out a competitor in the chemicals space.  By thier own admission - the industry needs to consolidate for prices to rebound in the chlor alkali business - and a strategic move to focus and build their chemical business might yield positive shareholder returns while getting a good price for NATO once its up and running.

Just a thought how this might play out and likely something the new CEO will have to decide - but it does look like they have options to unlock shareholder value.