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Whiterock Real Estate Investment Trust T.WRK.DB.K



TSX:WRK.DB.K - Post by User

Comment by pjn0987654321on Jan 30, 2012 1:47pm
152 Views
Post# 19465890

RE: RE: RE: RE: RE: RE: RE: Puzzled

RE: RE: RE: RE: RE: RE: RE: Puzzled

Hi kid, the CPA buyout price was 19.40 a share.  There was a deadline before the actual closing date that you had to make your decision for cash or ATP shares, and if you missed that deadline, then you were defaulted into getting shares.  It's hard to remember the exact numbers, but I believe approaching the deadline, the CPA share price got to 19, but once the deadline passed, meaning any subsequent CPA buyer was going to be getting ATP shares, the price went down to about 18.50.  Perhaps this reflected a slight lack of confidence in ATP, but so far, ATP has done well, at least for me as I'm ahead on the shares I received. 

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