RE:RE:RE:RE:RE:RE:RE:Director election votesTheir cost basis is definitely higher than $1.00. They owned 29,828,700 shares before they purchased 43,703,571 shares from AltaGas.
Hard to know the average price of the shares they owned before the AltaGas acquisition but even if they timed their purchases perfectly they paid at least an average price of $1.30. I think when you include the shares that they purchased during the recent downturn, their average price paid overall is somewhere around $1.30 but could be higher depending on what price they paid for the shares they owned before September, 2018.