Concordia Healthcare Corp. T.CXR.R

Market

[privateinvester]

How do the bookrunners/market makers or whatever you want to call them allow this stock to trade at $50.00 Cdn. when selling equity and issuing equity to do a deal at $65.00 U.S.? It really does not instill confidence in the whole bunch of them.

[tankingfrank]

at the time the stock was at the level.. but really they dont care that much, they are interested in the 5% corporate finance fee..

[privateinvester]

I suppose that's true but if I'm the target co. and an invester who had some of that $65.00 U.S. put in to my account, I'm not that happy!! Hope it works out for them.

[sanspeine]

This post has been removed in accordance with Community Policy

[Dave4444]

" Its my understanding that these daily swings are due to holders transferring into TFSA and RRSP some of their CXR shares held in their cash accounts." Doing that would be very bad tax planning, the superficial loss rules would kick in to deny the loss as you would own shares in another count within 30 days of selling. Thus a "superficial loss" for Canadian tax purposes, and