What Strathcona got
What they really got was PIPE's free cash, just flowing in, with low debt. It will pay down Strath's debt, but not come out to the little shareholders. Just a big benefit to Watrous. Years until the share price grows.
I said last month we 'd get $28, somebody else said, oh no, we'd trade at $33. I offered my shares then at that price... silence
And now... looking like $28 coming.