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Trisura Group Ltd V.TSU


Primary Symbol: T.TSU Alternate Symbol(s):  TRRSF

Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.


TSX:TSU - Post by User

Post by crazyinvestoron Jun 24, 2011 10:02am
272 Views
Post# 18760546

Would not be so bad if .....

Would not be so bad if .....this rollback thing would not be so bad if they rolled back 
1:5 and TSU would have  only around 90 million shares
outstanding. What makes this laughable is the way they
are doing this.They are taking 80% of your stocks
invested at present and and leaving you with 20% and TSU
will still have around 250 million shares outstanding at the end after roll back.
In other words they are taking 80% ( 1:5) when really it is
a (1:2 ) rollback when its all said and done.
AND THEN the share price can decrease in value when its
rolled back !!!!!!!!!
This is not rocket science people. There is NO WAY you can win
in this deal and I caution all to be VERY VERY careful
Its insulting to all share holders and a disgrace to all of your
intelligence.
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