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



TSX:CUS.DB.D - Post by User

Comment by phoenix_traderon Dec 02, 2015 7:44pm
363 Views
Post# 24348744

RE:Must vote yes, even though critics are right

RE:Must vote yes, even though critics are rightAnother bidder with the huge break fee involved. Why not examine the continuing Cash flow to determine if the bank debt can be repaid and the current dividend sustained. Your words "Better to get some shares of SPB" says it all "some shares" of something not much better than what we have. Management of CUS sail off with huge payments, SPB has not held it's value, the deal is not $1.70 and could be a fraction of that. VOTE NO.
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