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.
Currency Exchange International - Long
Note: this was written up based off a $15.93 stock price and it is now trading at $15.25.