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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Lumberfeverlongon Oct 18, 2016 2:33pm
102 Views
Post# 25357016

RE:CXR Announcement

RE:CXR AnnouncementLucky, management did announce the end of the review. THat doesn't mean there are no strategic moves in the future, but they are not considering any at this particular time. The company has addressed their liquidity issues for the foreseeable future. They now need to focus on operations. The review was a major distraction, but necessary.  Cash flow generation n will be key over the next few quarters.  It is only when they show they are making more money than they need to pay for ongoing expenses and servicing debt that this puppy will really take off. 


quote=Lucky27]Has Stategic review  ending been announced by management? No, not a word from CXR. Review is not finished. Shorts are covering.[/quote]

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