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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
Post by Jmarks7on Nov 07, 2005 3:26pm
455 Views
Post# 9835128

Not Complaining However?

Not Complaining However?What is keeping the PPS up ? It would seem to be that a company getting ready to spin off it's money maker would cause the price to slump? Putting out 10 panels a day by end of year doesn't sound too exciting or anything new. What did I miss during the CC that is holding the PPS at these levels? What's in it for Westaim holders when they spin of Nucryst, other then some money to be transfered to Westaims coffers. Would like to here your theories? John
Bullboard Posts