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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Marcel7on Feb 16, 2016 4:17pm
116 Views
Post# 24563336

RE:RE:Nice rally today BUT

RE:RE:Nice rally today BUTIt is still a bargain at this price. I loaded up last week, doubled my position, and last couple days have been a very welcome validation. As for serious investor with deep pockets, they don't really care what an analyst is saying, they would pour over the company before making an offer to buy, much more DD than an analyst can provide. I have no doubt there is interest to takeover. I guess what I meant is CXR management would be crazy to entertain a lowball offer until they can demonstrate how profitable the combined business is, as only then would they get the premium they would want. I don't think MT and company would have any interest in selling this for less than a large premium. Marcel
adamchess wrote: marcel: Didnt we have some recent reputable analyst coverage that indicated target of $76 USD? Seems like a pretty good indicator to serious investors with deep pockets. If looking for bargains you have to shop early. Cheers.


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