Concordia Healthcare Corp. T.CXR.R

RE:RE:RE:Quiet Board, So I will Make a Prediction

[Lumberfeverlong]

With almost $500M innk you are going to be waiting a very long time.  There is no way the company does a recapitalization under Chapter 11 with that much cash on hand plus the $60M under the revolver. 

DeathPool wrote:

Ii am waiting for the pre-pack.    There is support until it blows, until it falls apart.  

Some Canadian options money maker was asleep at the wheel and priced some puts incorrectly. 
Now that nonsense is corrected ...  
 

Lumberfeverlong wrote: I predict the company will do an equity raise instead.  The share action the last few days does not support a prepackaged plan. There is huge support in the 3.50 ranges.

 

Health123 wrote: I predict that the Board will announce Chapter 11 restructuring before the earn out payment leaves the treasury.