Canaccord target is RCG - Banks or CIX should target AGFAGF is unlikely to command a reasonable valuation in the near to medium term. Shouldn't the controlling shareholders rollover their AGF shares (tax free) into one of the Banks or CIX and realize a significant premium?
The premium will take many, many years to realize if AGF continues to stand alone. Not to mention the risk of continuing to go it alone.