timeline Time-line: If the planned merger fails [Mar 26], we'll know by next Sunday. If it fails, AVF's X-date would just a few days away. Will they maintain their dividend for Apr 15th? My goal is to recover my thus-far on-paper losses [although I took some actual losses already] and get my dividends - possibly the same as "you all". I don't want AVF to turn out like Yellow Pages, which I lost a ton on - along with losing my dividends.
If "the merger" does fail, what's the alternative? Not-with-standing Nova's self-serving spin on PCE [they're trying to protect their own interests], it seems that PCE doesn't bring much to the table. But if they must be included, it should be at a much lower ratio than AVF. If they're excluded, should AVF and CHX alone merge? If not that, should AVF just wait for new offers, or actively solicit them? Hopefully management will give some guidance.
A comment on Elbow River: Maybe it wasn't such a bad idea to unload them. Their profit margins could be squeezed from lack of railway transport, becasue the big guys are taking up all their capacity. I believe that Obama [still the "empty suit" Socialist] will reject the Keystone pipeline - and it'll get much worse. See Lawrence Solomon's recent article in the Financial Post.