Birch Hill Ownership of TWMLast numbers I saw had Birch Hill ownership of TWM at 22.3%. Most of those shares came from Altagas and they paid $1.45 for them so substantially down on this holding. BH have 2 directors on the Board and are presumably on board with the dividend cut which costs them around $9 million per year. I would love to know how BH plans to make money on their TWM investment! I am sure they know what TWM's plan is. Unfortunately most of the rest of the shareholders do not and could be in for a rough ride when the Canadian market opens again tomorrow.