Post by
adamchess on Sep 15, 2016 9:52am
Cinven performance payment
I think Concordia should negotiate a waiver of this payment as some of the performance has been based upon questionable price increases that are likely to be rolled back and Brexit which is not Cinven's fault but still affects sales performance going forward. At minimum it would be a good faith gesture on Cinven's part and likely boost the SP of CXR to make it a wash for Cinven longer term.
Comment by
LaticelnExile on Sep 15, 2016 9:59am
This post has been removed in accordance with Community Policy
Comment by
PROtrading on Sep 15, 2016 10:14am
Latice, it's stardard novice investor thinking. They do "armchair management" instead of digging themselves. And if they find dirt, they go into denial mode because nobody wants to admit being wrrong.