"CP has played this brilliantly, for an initial $5m investment that has already increased in value he has got himself into a position where CTP will negotiate with him."
If the Board wasn't so concerned about loosing their seats, CP wouldn't have achieved anything.
Look at what happened with Gina R. and then tell me. She had close to a controlling stake in Fairfax (FXJ), and she didn't get her seat on the Board when she demanded it.
There is a clear difference, when one Board is fighting for survival (CTP), and another that it is not (FXJ).
Very clear mate.
CTP Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
