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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by rad10on Jun 30, 2017 10:26am
264 Views
Post# 26423803

RE:Tell me...I live with reality

RE:Tell me...I live with reality
daveinmiss wrote: I posted maybe 3 days ago, that at the AGM Directors stocked themselves up with options, bonuses and such. On a restructioning would not all that go bye-the-bye? yes, no, maybe


Definitely Dave you did.  But do you not think boards across the nation are full of egotistical people that think they can pull off the impossible?  Take the last blockbuster Cenovus deal etc etc.  I have no doubt that the directors who have zero equity in this company will do just fine. 

The capital structure of Concordia is upside down.  If directors wish to award themselves fantasy options that will make them wealthy in the event of a miracle - then so be it.  The clock is still ticking and reality will be a restructuring or takeover.
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