RE:RE:RE:RE:RE:Better private
muslix1 wrote:
CPDQ put in DBO... 18 feb 2010 4 million
05 aug 2015 5 million
very good investisment...
Here'S the correct info...
4$M announced in February 2010 - 11 428 571 shares @ 0,35
https://www.cdpq.com/fr/actualites/communiques/la-caisse-de-depot-et-placement-du-quebec-investit-4-m-dans-technologies-d
Then another 3,14M$ in January 2011 by exercing 5 714 286 options from the the February 2010 deal, each share @ 0,55.
For a total of 7,13M$, out of a 340 $ Billion portfolio as of the end of 2019. You really think La Caisse cares about it's 7M$ in D-Box ? Pocket change for them, most likely valued at 0$ in their books for years....
The 5M$ in 2015 was not an investment, it was a loan, that D-Box repaid in July 2019 with their newly negotiated line of credit with NBC. Why do you think they went with NBC and repaid their loan to La Caisse 6 months before maturity ? Certainly not because La Caisse had D-Box's back....
Just face the facts all... D-Box will go nowhere, McMaster emptied the bank account and left a total mess to a green new CEO that used to run a ceramic tiles business in Quebec.