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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by adamchesson Nov 24, 2015 1:59pm
67 Views
Post# 24320587

RE:RE:RE:RE:NOTWRONG- you still haven answered my question

RE:RE:RE:RE:NOTWRONG- you still haven answered my questionStockcoach1: I am not sure that would be correct, as the event that triggers the payment should normally decide to which accounting period the expense belongs. The evidence in this is that the amount deferred will accrue interest from the earlier period. I think the reasoning is more to keep cash available for significant purchases currently being worked on. Another good reason to buy more CXR shares. 

quote=Stockcoach1]
Healthstock1234- to answer your question, it is strictly a move from accounting perspective, to divide the payment (deduction) into different quarters and different calendar years. Don't forget, this is a performance payment. If there is poor performance or no performance ... a smaller payment or no payment is made. Obviously CXR is looking to alter the payment date because they expect good performance that will trigger this clause.
It's all good.

healthstock1234 wrote:

Maybe it is better to ask them why they change the date of payment, but even that, the date is only 4 months later, not 4 years.


[/quote]

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