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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > We're all ignoring the elephant in the room...
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Post by visionaryfool on Oct 03, 2016 3:18pm

We're all ignoring the elephant in the room...

The Globe and Mail article I think pointed out that the full buyout was not going ahead as the board could not agree on a value that was acceptable.

What I would like to know is W...T..F... is value they were getting? These 2 bit crooks don't have any skin in the game.... I hope this goes to court just to cross-examine the Board.

I would want to know what value was being proposed by a full buyout.
Comment by ok2buy on Oct 03, 2016 3:23pm
The elephant in the room, you say. Exactly, the stock is trading up right now over 14 % on the day. That's the elephant in the room! But 2 or 3 posters with multiple aliases are working hard to convince the rest of the bb that this is a bad thing? LOL!./ok2
Comment by Craigbad on Oct 03, 2016 3:42pm
Does this not smell bad to you? If PE was actually sitting down to negotiate a price for commons, they wouldn't "leak" it in order to pay a higher price. If it was a source close to the company as it was the last time it ran over $40 it would show extremely bad faith to whatever "partner" they were negotiating with, would it not? 
Comment by ok2buy on Oct 03, 2016 3:50pm
Craigbad, A grievous assumption has been made on your part that the leak was perpetrated by the company. That is not a matter of fact. Interesting how you also tied your comment into a run up to $40. Perhaps there will be a halt through IROC as the company will put out a news release through Sedar to address your concerns. Anything else on anybody's part is pure speculation. I believe I have ...more  
Comment by MustardTiger88 on Oct 03, 2016 3:26pm
How infuriating it would be to find out they declined an offer of like $30 USD just a few months ago...
Comment by smallshort on Oct 03, 2016 3:35pm
The buyout rumour was a fake. According to the Wall Street Journal, Financials on Concordia as: Tangible Book Value-$98.88 per share! Net Income Growth -107641.54% For the last quarter. For most people who aren't financial experts, someone posted this before and I bookedmarked it.
Comment by ok2buy on Oct 03, 2016 3:42pm
Smallshort says, The buyout rumour was a fake. According to the Wall Street Journal, Financials on Concordia as: Tangible Book Value -$98.88 per share! Smallshort, Really???? Because TD Waterhouse still has a Book Value of $29.76 for Concordia Pharmaceutical. Some bold, desperate statements being said here today! Just so you know, if subpoenaed, Stockhouse will cough up your ISP address like there ...more  
Comment by fundtrader on Oct 03, 2016 5:13pm
i think the value must be in the low 20's or mid 20's..that would look really good right now but the shares were trading at that range 3 mths ago.we will see what happens...