TSX:DA.DB.A - Post by User
Comment by
Alejahoon May 12, 2017 8:25pm
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Post# 26239785
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Minority Shareholders Update
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Minority Shareholders Update
So you ask this, menolittle: "If you owned Clairvest, and knew that you were going to have to risk bankrolling DA (which means, keeping it solvent and out of BK) until landing the CATS contract, what would you do in the current situation?". Clairvest doesnt appear to be putting their own money into DA, other than buying undervalued stock to write-off. So i dont think your question has substance. And write-offs arent very smart if the company survives. Quite frankly, the bigger question is what advantage does clairvest gain by taking an ailing company private other than to make what it does to that company more opaque? Seems like a strategy to manipulate things without outside interference so that they can plunder the rubble at debentureholders' expense.