RE:It's going to happen....in 2018Hello Media,
Nice to see you back :) :)
Totally agree that 2018 will be the Year!!!
A) How would any big investment firm get any traction here?
Board almost impenetrable, and dedicated to uphold the Principles.
Retail seems mostly small and Interest driven.
That leaves only FFH and Families; so no real competition.
( Families will be prodded by Generation Dillution ) [ imo ]
B) Wouldn't any FFH/Voting Trust " understanding " not be a material value?
Material events are required to be communicated to SEDAR. ( not a Lawyer, so maybe not :)
*Can't see FFH trying to conceal an " understanding " for what amounts to a rounding error.
C) FFH/Canso/Power very well understand Two Tier Shares and would want to keep that
structure. (any) One of the Families could easly be their Proxy for Independent Board seats.
D) Post was a slow motion train wreck for many years.
Canso is relatively new to their Board - after many Bond years.
Change should now be more palatable. ( imo )
E) FFH sits in a control seat and can accumulate < $2 shares; thereby saving $5/Offering price.
F) May Meeting whould be a great time for " Announcements " !!!!
Would love to hear Spring Trust discussions :) :) -- GLTA