Post by
RugR2000 on Dec 03, 2021 3:01pm
Re: Watsa's dream.....
People seem to forget that Watsa is topped out in his ownership of Blackberry (19.9%).
Anymore shares and he would trigger a formal offer he must make according to SEC / TSX
rules. For now he is happy to hold to the sidelines....and wait. Last December Watsa sold
an insurance company to raise $1 billion cash. That money has gone nowhere to date.....
I've yet to see someone answer the question ?? Why would anyone be a major holder of
a public company....if the plan wasn't to consider a buyout, of course with the help of other
peoples money. Watsa tried once before, but couldn't raise the needed cash....Maybe next
time is the charm.
Rug 2000
Comment by
Yasch22 on Dec 03, 2021 3:22pm
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