RE:RE:priced at $2.14 per sharehumbaly wrote:
I think what they mean is the price they are paying for each of peanios shares. And even if it were the case, that is just paying a premium for the company. Which isn't a bad thing. Not to worry.
last time acb hit 2 bucks was because common shares giving by a deal like this were about to be able to be traded freely and once it happened the sp quickly recovered and it was an over reaction by the market. So who knows what will happen Monday or in 4 months after the close of the deal when these shares will be able to be traded freely.