RE:RE:What if CHR does not accept the offer!!AT $ 3/share this is still a cheap stock- they will be profitable this quarter and should be profitable this year. It won't return or be valued a close to pre pandemic prices, but look at the CIBC report on Oct 15th, their valuation is double today's market price.Market is not understanding their revenue streams.
if deal is rejected the stock is still cheap, which is why the offer was made. someone sees an cheap mispriced asset and wants to take advantage of the opportunity.
Any fed govt support/ bailout package for AC will only strenthen this stock which came out on Friday as well as it lowers risk of AC going bankrupt.