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
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
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...