OTCPK:CUUHF - Post by User
Comment by
wheeloffortuneon Jul 29, 2020 5:55pm
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Post# 31340267
RE:David LeMay
RE:David LeMayYou're dreaming. It's too late. Look at TMX: it says it's bleeding $5.92 a share. The takeover offer is generous. If the offer's not accepted by shareholders, it goes straght to bankruptycy court and the backlog is liquidated to Bird Construction for even less. There's no money to delay it beyond the vote.
Charlie101 wrote: Not sure who he is working for, but it's not the shareholders. How can we oust this guy and his team? A $1.6 billion backlog is surely worth more than $4M plus the cost of carrying debt. If this goes through, it'll be a serious exploitation of shareholder value. Hopefuly Benj Gallanger or another significant shareholder can lead a charge for a change in managment. We. need a activist shareholder to set things right.