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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D



TSX:CUS.DB.D - Post by User

Comment by Roxy27on Jun 05, 2015 1:34pm
277 Views
Post# 23801417

RE:RE:Cost 356MM, Sale 75MM

RE:RE:Cost 356MM, Sale 75MMThe company had 135 million shares when the stock was in the high $9's.
This was when the market was pricing in NATO income but not the extra $200 million in costs.

IMO, anyone holding this now should sell in this short covering liquidity. There is no way for this to double (or even 50% upside) and there's no reason to hold unless you are getting that kind of return for the risk. 

I don't own shares now and haven't since I last indicated I sold.

Good luck. 
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