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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by fundtraderon Sep 08, 2016 3:26pm
237 Views
Post# 25219207

cxr price is too low , hostile takeover is imminent

cxr price is too low , hostile takeover is imminent Trading at less then 1 x pe market is at 7 * pe huge disconnect here. CXR has almost 140 million in cash and almost 200 million in Recievables. Almost a billion $$ in revenue and 550 million in ebidita .Market cap under 400 million $ and almost 30 % of float is short . ( approx 13 million shares need to be covered)
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