Concordia Healthcare Corp. T.CXR.R

Simply Wall Street says CXR SP is worth $10

[S2hadi90]

take a look: https://simplywall.st/stocks/ca/pharmaceuticals-biotech/tsx-cxr/concordia-international-shares

[meetoo1600]

This is what I believe, and basically for the same reason, but CXR needs a successful financial restructuring deal to make it happen. It will all depend on the percentage of the company that the current common shareholders retain, post restructuring.  If it is 15% or more, the share price could see $10 fairly quickly. My math goes something like this. Value of the company: $3,500,000,000

[tineta]

Help me do the math based your theory: If comon sharehoder is to retain 100 %, $3,500,000,000/51,280,000 = $68.25. I would like to have CXR worthing $68.25 no matter how long it takes.

[S2hadi90]

What I don't understand is, why are the BNN analysts not taking that formula into account, I saw a number of videos on there relating to CXR yesterday, and they all said that CXR will go to $0.

[meetoo1600]

BNN analysts, and analysts in general, are pretty well the worst people from whom to take your investment advice.  Look at the predictions over the last two years or so, and they have pretty well consistently been wrong.  Sometimes they appear to be right, but in these cases they are really not predicting anything, merely reporting on a reality that is already manifest by the market

[biggerr]

any news why it's dropping today?

[meetoo1600]

It is fair for people to dream, and then some even do it in colour. Anyone who believes that the current common shareholders will retain 100% post-restructuring is dreaming in colour.  Management has already forewarned of the likelihood of substantial dilution.