RE:What protection is there?My conservative estimate is $15 CAD per share . This represents 20 to 25% increase from the today price. Anything higher is a bonus. BAM could also offer share buyback 2:1 for example.
I used to to own Enbridge income fund and ENB bought it back and offered share exchange plus small cash per share. May be similar play could in store here.
Robman1 wrote: I've seen mention that BAM could buy bpy back. What's in place to keep them honest in terms of the price they over to existing shareholders?