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Bullboard - Stock Discussion Forum Viterra Inc VTRAF

GREY:VTRAF - Post Discussion

Viterra Inc > 20-1
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Post by actionplanner on Jan 07, 2011 3:49pm

20-1

Yes I can see this company is really boosting shareholders wealth, 3 years ago the sp was .50 then came the 20 to one roll up of shares, which then became a 10 dollar share , Wow , I must say over the last 3 years if a guy sold at the high you might have made 10% on your investment .... That is a whopping 3.3% per year with a lot of risk involved...  A GIC has slightly better returns, only it is not a gamble.
Comment by porksniffer on Jan 07, 2011 4:41pm
LOL.....You are being way too generous!! Let me correct you. This piece of shitt rolled back the shares 6 years ago, not 3. So the actual return is negative over 6 years while Mayo's compensation has risen 600% over the same time frame. Meanwhile, in the said time frame the shareholder, aka sucker, has been diluted and indebted into oblivion as the empire gets built with overpriced ...more  
Comment by actionplanner on Jan 07, 2011 5:27pm
Yes Porksniffer,  we should also be thankful that Mayo has sold off all the subsidiaries of this company back then ( most were making money then)as well, or his increase in salary would likely be more in the neighbourhood of 2000%, after all now all he has to look after is grain and farm supply ventures,  I used to have a fair number of shares , then the price dropped so low that RBC ...more  
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