Concordia Healthcare Corp. T.CXR.R

CEO Thompson's Last Sentence is Very Telling

[Stockcoach1]

"A NASDAQ listing is an important step for Concordia to achieve that growth because we believe it will broaden our exposure to North American healthcare investors, and could enhance the liquidity of our stock"

 

In my view, as I stated in the past the liquidity is an issue with only 33 million shares outstanding.

So how do you "enhance the liquidity"? 

By doing a blockbuster acquisition in the 1-3 billion amount and finance it with a 10-30 mm share issuance for the US market only.

This listing, - acquisition and financing will most likely be fairly simultaneous. After all what's the point of listing in the US if they aren't issued any shares to trade.

 This anticipation should give the stock upward momentum now, to bring it more in line with the various analysts' valuations.

Time will tell, but this is good news indeed. 

What's not to like here?

[cavinsin]

Stockcoach1, Totally agreed, good news indeed, I was thinking along same lines, and not only fairly simultaneous, but I am thinking soon as well...This is going to be very good summer for us shareholders.. Thanks for your input.. always read with pleasure..

[Stockcoach1]

Agreed Cavinsin. It may be sooner than most think. Must be getting close to a deal that's been in the works for a while. After all the Covis one came out of the blue with hardly any work, and he did say they are working on larger ones. The pipeline was full 6 months ago and it's only a matter of picking the most accretive prospects.     Thanks for reading.   

[cavinsin]

with pleasure ...

[themangokid]

also with a US listed stock, it will be easier to acquire US companies using our shares as currency instead of dilution or debt.  I imagine it would be more difficult to convince a US XYZ PharmaCo shareholder to accept toronto listed cxr shares as payment as opposed to US listed cxr shares.

[Stockcoach1]

Very good point Themangokid