RE:Does cinven still own 7.4 million shares??fundtrader wrote:
those shares were acquired for over 100$ us a share...
You really, really need to research Cinven a LOT more. Don't post it here, you are inviting crooks to feed you what you want to hear.
"Cinven is a leading European private equity firm, founded in 1977, with offices in Guernsey, London, Frankfurt, Paris, Madrid, Milan,"
The main forensic research dude here posted copius amounts of information. Public Equity investors of today absolutely need to understand how Private Equity firms work. I see the new world as being Private Equity vs Public Equity with Private eating the Public's lunch and regulators not adapting fast enough to fix disclosure rules.
My read on this, which could be wrong, is Cinven technically still owns AMCo it seems!
https://www.cinven.com/sectorfocus/healthcarecurrentinvestments.aspx
Note, they aren't proudly displaying Concordia is a core invesment, they still have AMCo and I doubt it's because they have a lazy webmaster ....
They haven't released AMCo to Concordia, there's that "earn out" clause correct! Latice should be able to tell you, he's sitting on boxes of material and he's a "Concordia encyclopedia" it seems.
Truly a master short seller. And those guys are betting this Game of Masters is rigged. At this point, since the absolute BOMB launched at shareholders in August, I would not bet against them at this point.
Cinven made a deal with Concordia last fall to sell AMCo (which was their most successful deal according to THEM) in exchange for huge amounts of money which they received from Concordia while Concordia was assuming all the risks with huge debts. And all these shares. Plus they have an "earn out" coming soon. Check the long term pro researchers here that have posted a ton of clues as if this is a geocache game. Almost to the point to see who's intelligent and who's not! No wonder he's calling shareholders bad names now. The game is getting very obviious to anyone who isn't on this chess game as a pawn.
This was a complete rotten deal for Concordia but since the insiders hold relatively small amounts of shares and the main guy is doing insider selling in the millions of dollars using some pretty interesting footwork, it's not Concordia holding the bag on this rotten deal, it's CXR shareholders it seems. This thing has to implode. Immediate turm with RBC upping their price targets, we might see some very short term relief but if that happens, short sellers will be smiling not sweating. It means they can short any spikes.
But I could be all wrong, I'm mostly here to watch this "Game of Masters" and see who the white and black kings are and to see if there anyone "regulating" these "games". If I was a shareholder, I would certainly be calling regulators to inquire about the Disposition of Shares Reason Code 97 "other" which happened in mid August and reported late August of this year.
Any posters objecting to that as some did yesterday, record their handle and watch out.