RE:RE:RE:RE:RE:RE:RE:New Eric Nuttall Financial Post ArticleOf course it doesnt. The point being that there is a looming, not unknown, tax. Public companies better get their drums beating in defense.....
This board has been going back and forth on Arc valuation, "drill this, drill that, build this, build that". "Why dont people get it". Maybe the reason needs to drop in their laps.
Analysts lead with their beautiful projections, in Arc's case all much higher than current price. However at the bottom of each one they will qualilify with notes "subject to regulatory events" or something like that. You are correct in that they cant work a "potential unknown" into their models.
The big picture guy sitting beside the SMART money guy gets a report and looks for WHAT IS MISSING, not what it contains AND HE CAN DISCOUNT the estimate. Geez, no one factoring in higher taxes from a government (I neednt say more) on a non-green industry sector that will be making gobs of money, coming out of a pandemic from which we have huge bills to pay, new social programs aside. He tells the smart money dont go near, its toxic, too much risk and uncertainty.
So when the tax is announced, (a near certainty if the Liberals get a majority), the analysts will say "geez, we didnt see that coming" and start adjusting their models....no harm to them. The price will buckle from whichever retail investors get caught in that headline, and the SMART money will go, hmmm...risk resolved, lets look for a buying opportunity.
You should be asking the question, "Why isnt anyone talking about this?"