RE:RE:RE:RE:Dividend percentage
I can see how a larger company like CNR or Cenovus could afford to take us out. Small caps command a far lower PE. If taken over, these earnings would have a higher valuation under a larger name. This doesn't include synergies of optimized logistics and administration. I'd like to know what's really stopping the large caps from offering a ~40% premium for a take over and why it would get declined. Mergers and acquisitions are often win-win.