There was an issuance in Canada where the family controlled like 90% of the company. It caused the public shares to do really weird things, I actually made a pile of money over the years off them, but I would never hold them for long term or from a value perspective, just arbitrage. It’s lunacy.
There was an issuance in Canada where the family controlled like 90% of the company. It caused the public shares to do really weird things, I actually made a pile of money over the years off them, but I would never hold them for long term or from a value perspective, just arbitrage. It’s lunacy.