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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > why retail investors cannot understand that the 350 m
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Post by mingzhu on Oct 14, 2016 2:58pm

why retail investors cannot understand that the 350 m

loan is secured, backed up by solid assets such as factories?CXR book value was 370 m. This action just changed that money from shareholders' hand to  that of debtors. So you were left nothing.
Comment by LaticelnExile on Oct 14, 2016 3:08pm
This post has been removed in accordance with Community Policy
Comment by knowsnothing on Oct 14, 2016 3:15pm
If the equity is worthless then why would the company been able to raise another $350 million when the market cap was less than that? What you are saying is ridiculous and looks like the shorters are playing a dangerous game here. Any positive news coming out, and I mean the company might use the money to buy products or renal ancestors itself. The shorters will be burned very fast. Not convinced ...more  
Comment by LaticelnExile on Oct 14, 2016 3:37pm
This post has been removed in accordance with Community Policy
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