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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Hockeyzon Sep 13, 2016 10:35pm
151 Views
Post# 25234313

RE:RE:RE:For what its worth - RE: Thompson Interview

RE:RE:RE:For what its worth - RE: Thompson InterviewColt:  I think your analysis seems very logical.  Why would the CEO (ie. Mark Thomson/ MT) agree to a BNN interview in the first place?  It would make the most sense that there was going to be some sort of strategic review announcement.  This makes sense since the share price had dropped much more than would be expected from the Q2'2016 results/guidance.  But, since the BNN interview announcement, the shares have dropped even much more with no further news.  This may have prompted even more interested parties to at least take a look.  Of course, MT cannot say this or put out a press release or even have a BNN interview as he would not be able to say anything.  

If there was no news or bad news, why on earth would he ever agree to an BNN interview in the first place.  The only news really was Q2 items/guidance and they already discussed that. If it was disclosing news, then he can discuss it in the press release, but I have not seen any disclosures.

It is interesting though, that if it is a strategic alliance of some sort, that the shorts win until it is announced.  Management is silenced really until there is some sort of deal.  Which is exactly what has happened.  What else should management do?  Put out a press release saying what?  So, even if something strategic comes to fruition, the shorts win if they sell before any announcement.  What a wierd world.  I am not saying this is going to happen, but it definitely makes some/alot of sense.  It is really not worth MT doing a BNN interview until the results of the strategic review are known and at this share price there could be a few interested parties.
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