Bid Confusion?I wonder if there is any confusion out there in regards to the price of the offer. Originally it was reported as "around $6". Then the official PRE announcement fairly late yesterday evening revealed it was $6.50. It almost seems like the market missed the memo.
Could also be just the huge volume of traders moving out as this will no longer be a trader's dream.
I'd also like to take this opportunity to welcome our new communist overlords here in Alberta (NDP won, for those that don't know). I wonder how much tax I'm going to pay on this buyout now...