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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
Post by carlson8on Aug 22, 2007 10:34am
534 Views
Post# 13282670

ABCP announcements

ABCP announcementslots of other companies making ABCP announcements, and very little impact on their stock prices even if it substantially impacts their own liquidity. in the near term these things will trade again, and the market belief right now is that it might be a small 10%-ish loss, not the calamity that winer predicts https://www.resourceinvestor.com/pebble.asp?relid=34981
Bullboard Posts