RE:RE:Verticalscope?
its easy to explain why Torstar is trading where it is. They sold Harliquin for 400 million, Toronto property for $?? and blew through all of that. Vertical Scope and Blue Ant are about the only growth prospects they have ant they are not a big enough part of the company to drive earnings and growth. Sell those and they sell the remaining crown jewels. Add to this stupid investments like Shop Tv and Wag Jag (all of which are now gone) and you see why the market is valueing Torstar where it is. Torstar is also is also small potatoes for FNN and has been a cronic money loser of an investment for them so far. he does not always get it right.
The only good thing about Torstar is that based on where its trading, you don't have much more to lose to get to zero and some miricle may cause a double!