Post by
4CommonSense on Jan 11, 2024 5:55pm
When buying high and selling low makes sense? - NOT!
"In aggregate, Teck will pay approximately US$12.4 billion in cash and issue approximately 36.9 million Teck Class B subordinate voting shares in consideration for the Fording.Jul 29, 2008"
Let's see now -- they paid US$12@ Billion in CASH plus 36.9 million B Shares for
Fording Coal and are selling all the coal assets for US$9 billion ---hmmmmm ?
(appear to be copying my buy and sell approach.)
Comment by
4CommonSense on Jan 31, 2024 12:55pm
Bail out while its still above $50 lol
Comment by
4CommonSense on Feb 09, 2024 3:08pm
Don't say you weren't warned about this dog's share price -- wbich s/b around $45/s - until saved by the governement - TURDO et al may finally do something right for Canada