Westaim Corp V.WED

Alternate Symbol(s): WEDXF

Financial Services Asset Management

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

Westaim Corp

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Comment by TenBagson Feb 09, 2010 3:43pm

836 Views

Post# 16768171

RE: 546 million shares issued today

In my opinion its a little early to call this management team incompetent. When they took over the helm of this ship 12 months ago or so the sp was approx. .23 to .25 cents and today we sit at .59 cents. I'm not smart enough to figure out the percentage gain but I believe its moving in the right direction. I think I'm going to give them a little more time. GLTA

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