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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by mingzhuon Oct 03, 2016 2:58pm
154 Views
Post# 25303411

selling stocks to private firm is not god idea

selling stocks to private firm is not god ideaminority equity, say 20%, only have 10 m *$6=60 m.  It make no meaningful reduction of 3.2 b debt,merely 5%. unless CXR is priced as bankcruptcy, private money infusion makes sense. $6 is not bk price. The market got it wrong today. This deal only make people believe that it can pay normal due payment of debt. i believe market will correct itself.
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