The seller is....The guys selling are Goodman and Co. They own a little over 3mm shares and only they can account for the surge in selling and volumes.
When institutions want out they just get out, regardless of fundamentals...I would be surprised if the seller even read the news on the property...the stock hit a low price level and they put in multiple iceberg orders to dump it.
Question is...who is the buyer at TD??? Your guess is as good as mine, but whoever it is they are taking candy from a baby....the news on Merc make this a real gem and i'll reiterate that the price is a steal here....you're getting a loonie for a nickel.