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Bullboard - Stock Discussion Forum Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Metals & Mining Industrial Metals & Minerals
Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling... see more

TSX:CCO - Post Discussion

Cameco Ord Shs > BAD MOVE
View:
Post by Starsearcher80 on Oct 12, 2022 9:32am

BAD MOVE

I've tried looking at this at every possible angle, trying to see the benefit for the company and shareholders.  From EVERY angle, to my eyes this looks like one THE worse deals I've ever seen. Imho, this makes NO sense.

Best wishes to shareholders.
Comment by clamlinguine on Oct 12, 2022 9:42am
They buy an appliance company? For 30 bucks a share? smh
Comment by clamlinguine on Oct 12, 2022 10:29am
Whelp...toe stuck in at 29.80.
Comment by jx7000 on Oct 12, 2022 2:41pm
Seems like all Westinghouse could do was to run up a tab on their business. Were they at all profitable in their field of expertise? Makes me wonder what Brookfield and Cameco know that W.E.C. didn't.
Comment by CYPSaviour on Oct 12, 2022 3:10pm
Exactly Jx.  Brookfield is a strong and reputable partner.   This transaction to me is so out of left field.  But I'll stay the course.  Always good to diversify.
Cameco Ord Shs
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