RE: un-tendering Even the sophisticated Bakken doesn't understand the full import of UN-tendering, so how can anyone else?
If you WITHDRAW you shares from the tender offer, you can RE-TENDER back for the current offer in 10 to 12 days, if you want. Un-tendering does not mean you have to wait for Yabucoa to close or for Jeff to get an offer that will satisfy J-mart. It just means that Brookfield will be LESS likely to "take up" the shares tendered PRIOR to the Expiration of the offer on the 21st.
If you keep your shares tendered, you help Brookfield close the deal earlier, taking away any opportunity for something better to happen. All it takes is a phone call or email to your broker to do it and you can reverse it at any time with another phone call. Shareholders that want a better price have a better chance if Brookfield doesn't get its 50% without raising their bid. Isn't that what you do when you want to buy a stock really badly and nobody will sell it to you at the stink-bid you entered?