RE:RE:RE:RE:RE:STOCK DOWN 52% - what is going on?All great points showing the serious discount price of the rights and the common
Of course dealing falling apart risk however truthfully what has me very intrigued that wasnt ,dntioned is that senvest (one of the smartest and biggest funds in the world) has backstopped the rights issue. Thats huge. Having rivett (ex fairfax financial head) running the show is the other. This is a perfect prem watsa type deal or even a brookfield deal......
this is a big money deal and those with the big money are going to make out big. The fact non canadian shareholders were forced to sell the rights this caused one of the greatest opportunities ive seen