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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon Sep 07, 2016 8:32pm
118 Views
Post# 25216012

RE:RE:Who asked who

RE:RE:Who asked who In my opinion, the assets aren't worth the debt. After the mess last quarter any interested buyer would have likely walked away. First the rumor was that brexit was the hold up as far as a final bid price, but that obviously didn't pan out, which is lucky for the buyer after the quarter they just posted. Then they had the two news releases that said "the business is performing as expected" before the writedown and revising down bombs. The gig is probably up and they'll likely close the strategic review next week. The Tv appearance is probably a last ditch attempt to pump air into the flat tire with the hole in the sidewall.
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