RE:BMO/Scotiabank retail presentations on Dec 22 2015forecast123 wrote: Interesting to find out that COS CFO is giving presentations to BMO and Scotiabank retail investors... We thought on these days everyone in COS will be busily pulling together any potential deal for next suitor(s), so why on earth the CFO is busily doing retail presentations ?
I suspect it's because they know they will likely not get an offer that is superior to 0.25 SU by January 4 and are trying to convince investors that it's best to continue on as an independent company and have the SU bid rejected.......Personally, I think the only people who will benefit from the rejection of the SU offer are the COS Board and CEO who will continue to collect their salaries and benefits while shareholders likely take a big hit downward re. the COS share price.....