RE:RE:NextView had already delayed another transaction before LIXExcellent points Dtraders1 & ch1nmuzak. What's lost on people is the downside protection for LIX shareholders (AAB included). Would the stock sell off if the deal fell through? I believe so. But the fundamentals for the company would remain robust, on top of the fact that they would get an extra $20 million, which could go a long way towards finishing the FS they were insinutating would be completed towards the end of last year/beginning of this year.
A couple of other things, Red Deer, whether you love him or hate him, called out the fact that there were massive bids between $0.16-0.17 that popped up over the last two weeks. That does give some credibility to his questioning whether or not AAB "anticipated" the LIX selloff, and someone wanted to pick up a bunch of cheap shares on some panic selling. Though its circumstantial, one has to admit, it looks like he was right.
With that being said, I am pleased to see AAB holding strong in light of the LIX selloff. While Dtraders can probably speak about this with greater knowledge, I believe this stability indicates that (remaining) shareholder base is strong, not willing to sell larger positions for a penny move up/down. If that is the case, and DLE ends up trading positively, AAB is well-positioned for a move higher this year. As always, we will see...