Quote:
Originally Posted by mpahlca
I think you should look at what you are buying ridley is spread out over a bunch of countries in different markets and different share values, each is owned majority by the holding company. So your research better be bang on cause it looks to me like they would dump the Canadian subsidiary Ridley Inc. in a sec if it keeps having $52 million a year losses.
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Ridley Inc. made 6 million last year. Fairfax owns 72% which I like as well. The "real" value is about $17 according to my calcs.