Quote:
Originally Posted by suzuka84
you fail to mention the small tidbit that half their senior management team left - cfo, coo and vp bus dev. CFO is useless but COO and bus dev leaving is a cause for going concern. You rarely see turnover at the C-suite so you might want to pull their trading records off SEDI to see their trade history on company stock.
|
The trouble is that without knowing the exact circumstances that lead to their departure, it is impossible to know how to interpret this information.
They have 10 days to file with SEDI, depending on when they made their departure this information may not yet be available.
When and if the story comes out, it would be interesting to know what lead to the shuffle...
Edit: Just checked SEDI, issuer No. for Connacher is 00005988, it is impossible to link to search results so one would need to do their own search here for results:
https://www.sedi.ca/sedi/SVTReportsA...0&locale=en_CA
Nothing of any real significance in the summary reports IMO.
Edit#2: Connacher CEO will be on BNN in 10 minutes to discuss executive shuffle.... interested to hear what he "doesn't" say lol.
Video Link:
http://watch.bnn.ca/#clip595126