TSX:NWH.DB.G - Post by User
Post by
garyreinson Oct 29, 2023 11:28am
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Post# 35706290
Non -firm offer
Non -firm offerIf they put forth a questionable low ball bid say $7.25 convertible debentures price (this likely is a mediocre premium to the 90 day moving average of about $5.75 lets say), or even $8 something, considering they need to buyout 220m shares, if the vote takes months, is rejected, then it seems like by all the time this back and forth happens the reit sector potentially can start recovering and maybe they have an option 2 to firm it up or have it decline altogether and waste a lot of time. Or why would they just offer a price that will hands down be accepted asap with no complaint, super firm would be $9+ I would say