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Bullboard - Stock Discussion Forum GMP Capital Inc. Cumulative Floating Rate Preferre T.GMP.PR.C

Financial Services Capital Markets

TSX:GMP.PR.C - Post Discussion

GMP Capital Inc. Cumulative Floating Rate Preferre > Trading below book value again
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Post by Rosmorduc on Mar 24, 2019 5:50pm

Trading below book value again

I think the board should start looking at replacing the CEO and actively be looking to sell the company for at least 4.00$ a share. 

Stock has done nothing but go down year after year after year and now it's trading below book once value again. The one third stake of GMP Capital in GMP Richardson alone is worth 200M$ (at least) which is 35M$ more than the company's market cap today. 

This is unacceptable for shareholders and time's up for this CEO. We need new leadership.
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