RE:RE:RE:RE:RE:RE:Im tenderingGuys I think it depends on how they calculate the shares tendered.
1. The calculate your tendered shares based on total shares you own. If so, then if you tender 100 percent of your shares you will guarantee 4 percent if 100 percent subscribed. If you tender 50 percent then you are guaranteed 2 percent.
2. The prorating is bason ONLY on the number of share tendered in total and not based on percentage you own. Thius if you tender 100 percent of 100,000 shares but CC tenders 99,900,000, then you have only tendered 0.1 percent of the shares tendered in total and will only get 0.1 percent of the total.
I suspect it will be 2. Because 1 is too complicated to know what percentage of shares each person has tendered. Plus 2. Advantages CC if they want to tender.
Just some thoughts. I don't own any FEC shares but would tender if I did and buy back like suggested.