Post-Thanksgiving Bonus ContentHi gang,
I watched an BNN video from about a year back featuring the chief of Agilith Capital.
Some take-aways:
Valuation: $4
He said that ad decline was a given but so too was it given that a solution would be found.
He gives their valuation a high chance of success.
Something of futher note, he said that the pension liability back then amounted to $ 1.50 - $1.60. So, now that whole pension liability is GONE, we can conclude that $1.50 should be tacked on to the share price. I would imagine this would happen when the pension matter has offcially closed.
Did we already talk about MacKenzie (mutual fund) selling their longtime stake of about 10 000 000 shares? Somehow, heaps of shares have to be sold to drive the price down, then heaps of shares have to be bought to drive the shares back up.
Now, lean in boys. Close the door. Heck, turn off the lights and turn off your cell phones. So, here's a little secret. I am pretty sure that I saw somewhere that a former Torstar employee now
works for Agilith Capital. See what I'm saying here? Nudge nudge...wink wink.
Buy more shares. I might just take my own advice.