RE:RE:RE:Not Many Positives...Matt, hopefully they have a plan for a merger, as you are suggesting.
The qualified opinion by the auditors and the last minute filing of reports on SEDAR do not instill confidence with investors. I am surprised that the stock is holding up as well as it is so far.
I dont know about the transferability of tax pools, of which they have at least $800 mil. PPR made this a selling point in a previous presentation. However the CRA might be making some new rules to deny some tax pools thru acquisition ( ref: WCP and one of its acquisitions some years ago) I just dont know, but I do remember that in one of PPR's presentations they mentioned that the pools are worth .18/share. I presume PPR will be making a new Corp. presention for its AGM in May and they should address the value of their tax pools with clarity.
The most important date is July 1, when their secured loan comes up for renewal. What that lender decides to do will determine their fate.