RE:RE:RE:What happens if it trades over $12?It says on the last sentence of p12 of the offer, "An exercise of a Unit Option cannot be revoked even if the Units received upon exercise thereof and tendered in the Offer are not purchased in the Offer for any reason." I tendered 2/3rds of my shares. I asked my broker how to rescind it and he doesn't think it can be done. I'm not with Scotiabank. Can you show me what Scotia sent saying it could be rescinded and what's the process?
dileas48s wrote: There is a process to rescind your tender offer by a certain date. Close to the deadline or so I believe. The documents I received from Scotiabank clearly described a tender date, rescind date and the transaction date.
You absolutely can cancel your tender offer as of this moment.
wheeloffortune wrote: You can't cancel your tender acceptance. It's a legally binding contract that you signed. Did you sell it all or only half?
thenewsnake wrote:
Do people cancel their tender, and they reoffer and $13?