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Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Comment by genoon Jun 30, 2003 3:47pm
212 Views
Post# 6211251

RE: waiting for the news....

RE: waiting for the news....Money is always a good thing to have. They are in pretty good shape now and, you are right, imagine going into something like IFire without having to do an equity financing. Notice that Griffiths, the house retained by Westaim to promote them, has been vaccuming up everything at 2.25. And all the good little people keep feeding them. God love them, but I am sure those of us holding will be rewarded. later geno
Bullboard Posts