A Tetragon of Catalysts
Trading at a significant 57% discount to management’s NAV of 35.43/share with potential catalysts on the horizon to unlock this value.
Investment Idea: Currency Exchange International
Sometimes investment theses start with GoodCo./BadCo., where BadCo. is sold or spun off to highlight the value of the GoodCo. Currency Exchange International (“CXI” on the TSX and “CURN” over the counter) represents GoodCountry/BadCountry, with the BadCountry being wound down over the next year.