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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Comment by Czicfwillgetermiton Dec 21, 2017 10:14pm
93 Views
Post# 27211708

RE:RE:RE:Someone Place a Big Bet!

RE:RE:RE:Someone Place a Big Bet!Curv, 
Its all useful info for determining the further risk to shares.  I also agree the converts have right to call debt with technical default of revolver.   If P wandered into a grey area and a technical default occured either now or 7 months ago it would have been a material event imo.   These guys at P have no problem adding to pile of shareholder despair so I doubt they would have failed to mention that detail imo.  But you never really know. 

As far as Wheaton preferring P in CCAA more than Wheaton already acting as Ps DIP lender now and pulling the strings seems odd but its possible.     I agree with you that W really doesnt need to reduce the stream as much as modifying stream. Maybe a small combo.  The twist may be a gaining a chunk of P shares that would make a reduction to stream  more Palatable and potentially more profitable,   especially if the market liked it.  

With that said a CCAA filing or serious take under bid can not be ruled out but that is not my bet.  We will see where we stand tomorrow. 
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