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

Chemicals Specialty Chemicals


TSX:CUS.DB.D - Post by User

CANEXUS CORP 6.5 PCT DEBS > Shareholder Approval of Deal
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Comment by phoenix_traderon Oct 16, 2015 12:05am
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Post# 24196668

RE:RE:RE:RE:RE:RE:Shareholder Approval of Deal

RE:RE:RE:RE:RE:RE:Shareholder Approval of DealWrong, FCU's shareholders voted no and the price increased. This is all about Cash flow and paying off secured debt. The Chemical assets spun cash to the tune of $57 million in the past six months. Not bad given all the other headwinds buffeting management. Lots of folk here with vested interests, I say the SPB deal benefits SPB more than CUS. We are rid of NATO, have huge cash from Chemical, lets pay down debt for a year and then revaluate. The SPB divvy is not secure. Huge rush here, why and who benefits? Vote No!
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