GREY:DGCRF - Post by User
Post by
Roundingerroron Jan 01, 2016 4:33pm
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Post# 24424041
Nope!
Nope!I can't think of a single reason why I would vote in favour of this.
My entire investment is in my TFSA, so I can't write off the loss and the offer is a fraction of my average purchase price. I guess it's possible that some other company down the road will offer less, but we are so close to rock bottom, I'd be willing to throw those dice.
I would assume, however there are much larger investors out there who could use a tax loss or have been smart enough to average down over these many years, that they will wind up with a much smaller -- if any - loss, For this reason, I would expect this thing will sail through.
It seems such a shame to see this thing sold at a fire sale price when there appears not to have been any fire.