A quick browse thru the results indicates that once the Covid border problems are completely overcome and the new vehicle supply shortage is rectified they are heading back to the days of their IPO when the Canadian market was where they were making the money. Ironical that it was an oversupply of vehicles which caused their early problems with the Canadian market when they had to quit secondhand vehicles at low prices. The merger will not alter the importance of the Canadian operation in their outlook. Check the volumes and the margins to see why I think so.
ATL Price at posting:
55.5¢ Sentiment: None Disclosure: Held