Post by
rockhound3 on Dec 28, 2021 9:04pm
Bog: I am not sure we are on the same page?
You comment that NCU had to take on more debt!
Debt would be ok however one of the concerning issues is that rather than taking on debt which treats all shareholders equally however a significant issue is that funds were put in by PALA & friends at very low prices per share significantly lowering the average price per share ie the average price paid ie ACB
Also retail shareholders would love the opportunity to reduce their average price per share!
Rock
Comment by
bogfit on Dec 29, 2021 2:52am
Isn't it all just - "O God, give us the serenity to accept what cannot be changed, the courage to change what can be changed, and the wisdom to know the one from the other." I can understand how you feel, but when apparent misfortune arrives I would blame my own karma, if I knew for certain, that the alternative path not taken wasn't worse. b.