OTCPK:TNGZF - Post by User
Comment by
nkbourbakion Mar 20, 2018 2:09pm
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Post# 27747975
RE:RE:Whitewash article in FP today about the merger
RE:RE:Whitewash article in FP today about the mergerTrader124 wrote:
what is FP?
you have any link?
https://business.financialpost.com/news/fp-street/grow-or-sell-understanding-the-logic-behind-logiqs-deal-for-grenville
FWIW I think the price is reasonable but am concerned about the cost to shareholders in terms of increased overhead, lack of synergy, etc.
On another matter: I don't know much about accounting but I wonder how Grenville is able to keep $8.7mm of deferred tax assets on the books with a straight face. Always a little sketchy when your DTAs are greater than your market cap.