TSX:NWH.DB.G - Post by User
Post by
SNAKEYBOYon Aug 29, 2023 7:07pm
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Post# 35610900
Theory
TheoryNWH management conceded that addressing their balance sheet after UK jv failure would be choppy and time consuming... asset sales and JV could take over a year to close. Dividend not sustainable.
PDL as part of strategic review "put ourselves up for sale" decided he isn't needed anymore, but resigned legitimately for the sake of adding more shares down here to get a quick buck on the sale.
So basically he quit, loads up, knowing they're will be interest at say above 9 from various funds