TSX:CUS.DB.D - Post by User
Comment by
mo1975on Oct 25, 2016 5:41pm
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Post# 25384826
RE:RE:RE:"The due diligence undertaken by Chemtrade"
RE:RE:RE:"The due diligence undertaken by Chemtrade" phoenix trader, perhaps mr Davis "borrowed the data from Superior Plus"" I am sure that they had access to the data room...from there take the increase in net earnings and substract the new 110 millions senior notes and add the liabilities to superior of 25 millions...and you have a company that is worth less than what it was last october.... the best would be that you get the new board , and please do not pay directors 100 s of thousands of dollars to sit 7 or 8 times a year
since SPB and Chem seems to see value long term a new board with patience should be able to turn this around... but expect the shares to drop substantially in the mean time... 3 to 4 years or more.. as for mr. edwards... increase his holdings get s more say... I am in the opinion that he is in a negagtive way in Cus with many millions and will not recoop if chem buys out.....so a couple millions shares to insure against hostile takeover is a drop in the bucket for him... but for all of you guys that got in at 1.20 or less I say sell and take a profit