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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by rad10on Dec 20, 2017 4:44pm
202 Views
Post# 27199527

RE:RE:RE:RE:RE:Still no deal and the interest keeps racking up.............

RE:RE:RE:RE:RE:Still no deal and the interest keeps racking up.............problem is they can never be on the same page - there is a direct conflict between the three major parties.  

Concordia made the call by withholding the interest payment to bring the unsecured to the table.  

Equity is essentially worthless, unsecured may recover a few cents on the dollar - secured will end up owning this company................

Flipping the equity may prove lucrative in the coming months as things will get volatile as the gamesmanship heats up.
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