http://m.investmentexecutive.com/back-issues/7924012/Check out the above link.
The article leads us back to the question: what can retail investors (us) do to rationalize the
share price quickly and dramatically.
As I have said before, if all/many of the Torstar retail investors could make a credible buy out offer, then that should boost the share price. After all, that is what happens when companies
say they are going to buy out a company. Example: Gannett said it would by out the Tribune, the latter's price shot up. Later, the deal failed. But the idea of a credible take over pushed the price to a more realistic valuation.
So, that is what we ought to do. We need to creat a credible proposal to buy out Torstar shares. It does not even have to be all of the shares. It could be an offer to buy 20% of the shares.
We have valued the shares at about $8.00. I am willing to buy $4000 worth (500 shares).
My main question would have to do with, what steps are needed to make an offer.
The way I see it, this is the highest probability method of rationalising the shareprice...fast.