RE:RE:RE:RE:Just got an answer from TD This deal was sold to minority investors in Pipestone on the dubious theory , that they could henceforth be part of the stage coach robbers. Well with less than 10% of the equity , that was never going to happen.
And now with their masks taken off, what you are left with is the gang that can't shoot straight.
The metrics on this company now look excellent. But long ago life taught me that if the terms of deal aren't right , don't even bother about price.
So , I made up my mind , I will not get back into this deal under current circumstances
Just hope that someone comes along and takes Strathacona out. My guess that their days as a serial acquirer are now irretrievably gone and most of their pretentious valuation with it !!