It is funny.TD didn’t even do a review of the news released yesterday or about the settlement on the property. In the past, they were usually quick to provide an update on CAN’s news release, usually the following day. I suspect they didn’t do it this time because of the offering, which I agree with others that CAN should be offering the shares to the current shareholders first, and if it cannot be filled that way, CAN could go to the general market. Who says that the current numbers of shares being offered would not have been bought up by current shareholders?
Another company I hold recently did the exact same thing. They are diluting/devaluing my money which I don’t feel is fair, and it is another example of the big guys stuffing my money in their pockets.
It will be pretty funny if TD puts out a review tomorrow.