Tax wise Fairfax selling their Canwest shares for .20 cents or 6 cents is irrelevant
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FairFax Canwest stock should not be made available for sale below a dollar. Translation: around a quarter of Canwest one vote shares no longer available for sale. [Fairfax Canwest shares were not for sale, but dangled to suppress small investors run ups in Canwest stock, is stock manipulation.]
Fairfax selling their Canwest shares for the purpose of manipulating and decreasing Canwest penny stock, is stock manipulation. Fairfax's bidding on Canwest assets, restricts Fairfax from manipulating the price of Canwest shares.
Host of issues that restrict Fairfax from dumping Canwest shares, to keep the price of Canwest one vote shares down, near the CCAA bid for Canwest shares: Example, the failure of Canwest to pay the Sept 15 still, and leave the Sept15 interest payment outstanding, while paying out 398 million in a principle payment to the 8% noteholders (while bonds trading at below a dollar) creates obligations controlling shareholders Fairfax not to aid the expropriation of Canwest shares.
Fairfax deemed with insider status for the public company Canwest. It would be fair that Fairfax buy back the Canwest shares they already sold, to help Fairfax's interests in eating Canwest.
http://www.theglobeandmail.com/globe-investor/fairfax-posts-2902-million-profit/article1551523/
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http://www.cjr.org/the_audit/canadian_club.php
[Message to Fairfax. Fairfax gains access to borrow from the Canadian Federal Reserve. A bank holding company definition allows borrowing from the Canadian Federal Reserve. Deal is that please Fairfax, do not sell your shares at a lose to suppress Canwest share penny price. Up Hold The Right.]
