RE:Dundee - David TalbotBobbiOre wrote: I wonder, do bad calls like this - given what has going on, kill his credibiity?
BUY, Speculative Risk, Top Pick Dundee target: C$2.40
https://www.resource-capital.ch/fileadmin/news/Fission/2015_Deutsch/12012015_Dundee_2.40CAD_FCU.pdf
When analysts say buy, they are usually selling. Dundee, Fission's lead financial advisor, has been the biggest dumper of FCU stock since the proposal to merge with DML was announced. This despite proclaiming the deal as "fair" to shareholders of Fission from a financial point of view.
Fission’s financial advisor is Dundee Securities Ltd. and its legal counsel is Blake, Cassels & Graydon LLP. Dundee Securities Ltd. has provided a verbal opinion to Fission’s Board of Directors that, as of the date thereof and subject to the assumptions, limitations and qualifications set out therein, the transaction is fair, from a financial point of view, to the shareholders of Fission. BMO Capital Markets acted as strategic advisor to Fission.