GREY:TSTIF - Post by User
Post by
Blue_Skyon Sep 05, 2018 8:52am
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Post# 28564121
TSO3 needs activism
TSO3 needs activismAt this point with no signs of any revenue traction, a debt player in place and a management team that will just not conceded its inability to build a company it would make sense for some form of activist to come in and boot these guys out. I'm sure given the $20 M on the line the courage guys wouldn't mind getting rid of all the dead weighth at TSO3 starting with its CEO and his bloated comp package. Have a look at what has been taking place at Crescent Point. Finally, the company has moved on from some of its legacy issues. These guys were the catalyst for change. Someone should show them this file. Ramblin, where are the sales you have been promising? Why can't you sell the VP4?
https://business.financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/cation-capital-comments-on-continued-value-erosion-at-crescent-point-energy