Next bid coming
... next bid will try to not look as HOSTILE as this low ball opening bid!
I'm guessing they next squeek up to .33 share and continue with their sweet talk BS approach.
Then, IF IMPERIAL OIL enters the fray, we get BIDDING WAR!!!
One thing is certain, any sellers will deeply regret losing shares here when oil prices rise again!
Without Suncor, we're sitting on at least a double in share price when Oil climbs.
Merging into Suncor shares you'll get 30% upside at best.