Post by
Moneyday0 on Dec 30, 2015 8:50am
Hope they come to the floor today
and publish the GOOD news deal. Last minute dramatics of late are getting stale. New mngt with MONEY, chance for BMO to recoup and build, all it takes is agreement on what % to charge - BMO reputation also at risk here as helper or new cycle destroyer. Given the long term outlook for high potential of even lower rates a com'in, BMO would be foolish to charge ridiculously high rates. New mngt Preferred share proposal is pretty much given as complete else why would they bother showing up and taking leadership. So it all rests on BMO agreeing to something reasonable..... Certain would not look good for BMO to demand payment, bankrupt the company and sell off land and pieces - ESPECIALLY GIVEN THE NEW FED GOV'T AGENDA of bringing in refugees we see on the news day in and day out that need English as a second language teaching. So pretty simple, one interest rate determination away from bigger and better things.