RE:RE:RE:RE:RE:RE:RE:My Thoughtsd_trump wrote: who are you accusing of being vague? - I am simply sharing information. Scotia says 4M shares/21.6M. It's a pdf and I can't cut and paste it. Anybody with Scotia can see this.
And with regard to what I saw last night - I can only go on what I recall seeing and I do think it was initially at $41M. Maybe it was lowered, maybe its a typo, I don't know, but it does say $21.6M right now.
d_trump; It’s clear that TD and Scotia are publishing different info.
I suspect that you are correct and the offer was revised downward from the original $41m due to projected demand.
We may see the balance offered in the not too distant future.
When a Large shareholder decides to reduce/exit a position for whatever reason it can be problematic.
Basically the polar opposite of a short squeeze.
In this case it appears that it has nothing to do with STB and everything to do with problems at SNCF.
It could take some time for SNCF to accomplish their goal (whatever that actually is) without totally crushing the share price.
As Always; Do Your Own Due Diligence; It’s Your Money !!