RE:RE:Fairfax will get $780 million... Good morning Possible,
I was not clear, when i wrote "To take Ensign private would almost be pocket change for Fairfax"
It was to show how small ESI position sits in the overhall Fairfax conglomerat
Fairfax as again (June 10th) added to it's position in ESI by buying 7,782,600 shares
at $2.34.I thought that maybe they could be tempted to increase their position while the price is
low
So far, i did not see anything on SEDI.
I agree with you,i doubt Murray Edward would sell unless he would get a very compelling offer.
Fairfax was the biggest shareholder of Stelco(my previous employer).Fairfax did not take out Stelco but got a very good price for their shares in selling to Clevelad-Cliffs
Have a nice day.