Post by
patenright111 on Apr 21, 2016 3:16pm
STILL HALTED LMAO
so what it takes over an hour to get confirmation from someone at Concordia - my gawd
Comment by
BullishBaytix on Apr 21, 2016 3:21pm
There are a lot of i's to dot and T's to cross. The news wouldnt be out if they didnt already have an agreement on price per share etc and a buyer. It must be a done deal unless another suitor comes to bat and offers more.
Comment by
wordless on Apr 21, 2016 3:22pm
Since the rumours are true it appears, it makes more sense for the stock to stay halted and issue a news release AFTER market close. Market can then digest the news and the stock will resume trading tomorrow.
Comment by
BullishBaytix on Apr 21, 2016 3:29pm
If there was no real news, they would let it trade on its own fundamentals for the rest of the afternoon instead of ambushing shareholders by releasing some sort of non news and then having it get dumped in the morning. There is news Im getting more and more certain.
Comment by
patenright111 on Apr 21, 2016 3:25pm
done deal - not true - could still be in negotiations - never count your chickens before they hatch
Comment by
sunshine7 on Apr 21, 2016 3:26pm
it is said that CXR is in talks with multiple suitors. Could take a while but multiple suitors will keep each other honest re price. Highest bidder? Luv it!
Comment by
JxEssence on Apr 21, 2016 3:41pm
Taking a page out of the IT playbook to buy more time? Why would any company want to take over such a grossly indebted company like this?
Comment by
Pj1958 on Apr 21, 2016 3:55pm
Because they have done their DD and came to the conclusion it's grossly undervalued
Comment by
JxEssence on Apr 21, 2016 4:08pm
No they haven't, lol did you read the NR?