Told ya...Well, now I think for sure it was all pre-ordained to play out this way. It is what has been planned for years, and all steps along the way were just actors playing by a script. So goes the scum we have on Bay Street, stealing money from the masses, putting it in the hands of the few, ad infinitum since the beginning of time.
we now need a competing bid to top this up a bit - that is the only thing that could poke a stick thru the spokes. Does anyone know if there is a possibility of a say $75mil bid taking the current deal off the rails? Is that allowed under the terms of the deal? What would the break fee be?
our 2nd best option is for a substantial market drop, taking PLI to $2 or less around the week of the deal close. That would give us many more PLI shares. Most here are betting PLI goes up between now and November, and are selling now to buy PLI. but I think opposite. I am betting PLI goes down substantially before the deal closes, so will hang on to my TST, waiting for either of the above.
Management and BOD need to held accountable for this fiasco.