Post by
hark8 on Dec 30, 2020 7:50pm
Excellent posts
There have been some excellent posts on this board over the last couple of days. Thank you all. I have learned a lot.
The CRA legal issues are still up in the air. Although CCO has won twice in court, CRA has sought leave to appeal to the Supreme Court of Canada. if the Supreme Court accepts the case, this mess will drag on for another 18 months. If the Supreme Court declines to hear the appeal, then there will be immediate positive impact on CCO cash position, which could be used for investment (dml?)
This is a major cloud hanging over CCO, and I would be very cautious about investing in CCO until it is settled.
hark8.