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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon Jun 28, 2016 8:46am
134 Views
Post# 25003994

RE:RE:RE:Wait for it

RE:RE:RE:Wait for itI don't think there is a plan b. I've been watching the bonds and they broke key support as well. It would be hard to do an equity issue when people are playing hot potatoe with your current debt (does that make sense?). Wouldn't they have to disclose even a lowball offer? The analysts are revising down by large numbers now which is not good. If there were 3 bidders who walked away without tabling an offer after seeing the dataroom, something smells rotten and things may not be as they seem. 

Roller007 wrote: Graigbad: yes in it for the buyout which is all but dead with the uncertainty that Brexit presents. That was the main and only real issue inspite of what all the shorts are saying. I'm waiting now to see plan B or if this goes hostile.   


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