Post by
Stockcoach1 on Mar 16, 2016 10:11am
Historic moment
The unimaginable happened today. For a brief moment CXR SP exceeded the VRX SP . Then VRX quickly rebounded back.
As more investors realize the value in CXR and move over, this may become the norm. The important distinction will be when CXR climbs above the VRX SP, rather than VRX taking the dip.
Comment by
peter75 on Mar 16, 2016 11:31am
preferrably i would like cxr to pay down debt those who sols vrx will be very slow to buy another juniour valient as will there brockers
Comment by
adamchess on Mar 16, 2016 2:43pm
For the most part there is a preset payment schedule for the debts. I would not expect a big reduction in debt in 2016 because there is a bonus payment to Cinven due as well.
Comment by
sunshine7 on Mar 16, 2016 3:42pm
The bonus payment to Cinven is only paid if there is a performance benchmark hit. Smart play IMO. This keeps Cinven honest about forecasting during negotiations and is not considered debt per se. We expect them (and I think they have alluded to this) to pay this performance bonus and that is a good thing.