RE: RE: CIBC acquires 20 million shares at $4.50 Or you can look at it the other way.
What does CIBC know that Fairfax doesn't?
I can only speculate that Fairfax is taking profit. Does anyone know how much they originally paid for these shares? They did another large dump of shares from Mullen Group worth 65 million back in september.
The opening SP doesn't make sense to me as there is no dilution. Market panicing maybe?
I am holding. Good luck to all.
Hookbone out.