RE:RE:RE:This is an ALL CASH DEAL at C$2.20/share.
Thanks Lucas for a crystal clear explanation.
It seems that some people very foolishly read what was a simple statement in the announcement as a qualifier.
I would just add to your latest comments that CIBC was buying very strongly all a day. My thought was that they could be acting for Geo-Jade, for whom today's selling is very advantageous, but that could be wrong.
Both CIBC and TD have advised investors to tender their shares as they see no new bid forthcoming, but they too could be wrong.