TSX:CUS.DB.D - Post by User
Comment by
rustybladeson Oct 14, 2015 10:41am
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Post# 24189944
RE:Why buy SPB at the moment, when you can buy CUS and convert
RE:Why buy SPB at the moment, when you can buy CUS and convertDave4444 wrote:
to SPB and end up paying a big discount for your SPB shares. AT 1.48 you are only paying $9.67 per SPB share which is about $10.71.
The deal needs to be approved by the shareholders in order to convert. So there is some risk of no conversion in which case you will end up as Canexus shareholder and not a Superior shareholder.