SyndicateThe syndicate was RBC, CIBC, GMP, Scotia, National, BMO, Canaccord, Cormark, Peters and TD
Note, a bought deal (the syndicate takes the liability) does not mean sold deal (the shares has been sold to the investors). Dealers are long equity of CJ on their books, which is not good as their equity accounts are not meant for long term investments, rather market liquidity and short term arbs.
No, I am not slamming CJ - I own the shares. Just trying to clarify some of the misstatements that are out there.