TSX:DA.DB.A - Post by User
Comment by
Mongoose11on Nov 25, 2013 4:35pm
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Post# 21939868
RE:Lessons to be learned
RE:Lessons to be learnedAccording to my calculations DA.A is now at an all time low value. Since the new management took over all that has transpired is that the stock and debenture values have dropped like a rock. They're losing money with a crippling debt burden and yet no direction/guidance from management. Shouldn't they be cutting costs? The market seems to be indicating that they'll soon go belly up if they don't and yet ......no response from management. I really think this is a plan by Clairvest to pick up the company for peanuts by blowing up the public float value along with the unsecured creditors. It stinks.