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Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company 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 Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Comment by account15on Mar 10, 2007 1:14pm
151 Views
Post# 12394487

RE: Reality

RE: RealityIf I may add, nobody will ever line up to buy Westaim at 0.95 but they will at 10 or 20. Am I dreaming??? 1> bema gold was 0.3 in 1999 or 2000 then taken of by kinross at around 6 2> fido come out of protection at 10 --nevertheless nobody wanted it at 10 or so but roger bought it out at 25 3> redback networks come down to 3 from 10 at ipo, they climbed up all the way to be bought out by erricson at 25 4> winlan was only 0.55 last year but why wouldn't nokia buy it out --and possibly collecting royalties (they gave them 20 mil in december just to use their patents 5> list could continue but where do we see logic here??? simple conclusion westaim will be bought out at 10 or 20 but not at .95 all they need to do is get their act together
Bullboard Posts