Westaim Corp V.WED

Alternate Symbol(s): WEDXF

Financial Services Asset Management

The Westaim Corporation is an investment company, which specializes in providing long-term capital to businesses operating within the global financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Skyward Specialty, Arena and Arena FINCOs. Skyward Specialty is a diversified specialty property and casualty insurance holding company that underwrites select property, casualty, surety, and accident and health insurance coverages. The Arena FINCOs includes specialty finance companies that purchase fundamentals-based, asset-oriented credit and other investments. Arena Investors operates as an investment manager.

TSXV:WED - Post by User

Westaim Corp

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Comment by blindpigon May 14, 2008 7:53am

395 Views

Post# 15071008

RE: Cash value of shares worth 53 cents!

"Holding at $0.22 so all the bad news must be priced in".

It fell from $7.65 to the current price so something must be priced in. Any ways WED's and their share of NCS's cash is worth $0.37 per share. I do not think even this poor management at this stage of WED's death would be able to turn this cash plus other assets into something less than $0.22 per share.

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