Offered price of 50-58$ CADI'm trying to make sense of this ''offered price'' and as I said before, it defies common sense.
You guys honestly think that those who financed the second round at about 85$ CAD would take a 55% haircut only to get ''rid'' of the bad press ?
The fundamentals are there, and if compelled to wait it out, they will, until the marker returns to normal.
As far as I'm concerned, the unknown factors don't add uncertainty of future returns that would warrent such a low price.
This offer must have been Blackstone's offer, not Apollo's, if anything.
To be continued...