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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Craigbadon Oct 03, 2016 11:24pm
95 Views
Post# 25305329

RE:Is it time to cover

RE:Is it time to cover No reason to cover, seems they are more desperate for cash than I originally anticipated. They deferred their payout and are now going back to PE who weren't interested in buying the company whole in order to get some cash. The Ceo could have topped up his bank account with his $9 million salary to prevent another half of his shares from being sold, but he didn't, go figure. They know whats coming and if PE holds the cards on terms for a possible deal, it won't be pretty, and I doubt they get a deal at all at this point.
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