Post by
bbzzzz on Jan 20, 2021 11:39am
Reminder - Fairfax owns Blackberry Shares, approx.47 million
As of Sept. 2020 the holdings listed then have risen by 2.5 times . Is this properly accounted for in the market share price of Fairfax ?
Comment by
bbzzzz on Jan 20, 2021 12:24pm
Fairfax actually controls approx . 101 million shares after taking into account convertible shares re- redemption . see - https://www.fairfax.ca/news/press-releases/press-release-details/2020/Fairfax-Announces-Acquisition-of-1.75-Convertible-Debentures-of-BlackBerry-Limited-After-Redemption-of-Existing-Convertible-Debentures/default.aspx