GREY:CCNMF - Post by User
Comment by
willyk3on Apr 18, 2015 8:54am
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Post# 23643076
RE:RE:BTSHOOTERS Analysis
RE:RE:BTSHOOTERS Analysis
Coupla of points..first i have been phoned in other takeovers...i dont see this as a big deal...second ..isn't glass lewis an independant firm?? Third as a shareholder of both these cos i think that Altius (as is their habit ) is buying nearer to the bottom of the cycle and that CAAshareholders dont lose, but will benefit from their continued exposure thru altius. Finally.. i dont discount for a second that u may be right about some shenanigans..the cdn junior market is rife with stinky deals and the osc ( who couldnt regulate their way out of a wet paper bag) i see as a useless bunch of overpaid beaurocrats.....the type that thrive as ontario marches down the merry path of state controlled lunacy..and this crud is not confined to the minors...just have a look at Aecon over the last ten years...but i digress...... I dont think that mgmt gave away the house by settling with HB... on the contrary the deal for me ..solidified their assets in a quantifiable way...win win is the way i see it .
cheers