RE:Reality Check on Torstar
These guys have a long history of burning through cash rather quickly and making bad investments. They have sold all their tier one assets (Harlaquin, Toronto printing plant etc) and burned through all that cash. they are now looking at selling their tier two and three assets ( the few they have left ) and will quickly burn through that cash. Out of the dozens of investments that they have made, you list the only two that have had somewhat positive results (Vertical Scope and Blue Ant). The rest were dissasterous failures. IMO the market is correct in assigning this stock its current 50 cent value because the only thing that you can count on here is that management will in two years time, burn through a whole lot more value! ;-)