Current PriceClosing date is expected June 30 but we would take this as fluid. The value is US$1.84 cash and 0.1013 CHRD shares. CHRD shares are worth $172.17 so the value is 0.1013 x $172.17 = $17.44, plus $1.84, for total $19.28 US$. At current ERF prices there is a bit less than 2% in value to go from the market price, depending on the exchange rate used. DVN stated earlier interest but no other parties are declared. We would still hold. The sector strength has helped create some additional value here. (5iResearch)