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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D



TSX:CUS.DB.D - Post by User

Comment by Khersonon Jun 08, 2016 10:17pm
252 Views
Post# 24949063

RE:Share Price

RE:Share Price
1condor wrote: Buyers came into the stock today and drove it to 1.64 before it pulled back. Expect a return to around 1.65 by weeks end as the momentum is there and the arbitrage is tightening up. Enjoy.


But what if the Market has it wrong and the proposed merger fails, which I believe has already occurred? Where will the share price be then?
Folks, keep in mind that if Superior does not bail Canexus out by a merger and we all now know that the BV of the Canexus equity is Zero, what will happen to the share price?
Kherson


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