RE:RE:What we have here is using one TRUTH to apply to makeCrazy, the ncib is for 4% of the company every gets equal weight/opportunity, everyone gets to sell 4% (or more depending on tender distribution)
If everyone tenders every share they have, 100%, +80MM shares... everyone gets their 4% sold and 96% returned
If you owned exactly 3375000 shares and only you tender shares, you will get everything you tendered sold = 100%
Now you can split this a million ways with thousands of share holders with different percentages of holdings and tender amounts and it will change the final number, thats why you "tender". its a wait and see but heres the minimum, but maybe we wont do it at all.
Regardless of whatever happens if they proceed you will be able to sell 4% of your holding into this, if you want to. You may be able to get more, i think it will come down to retail tenders, because the funds are going to jump in.
The problem is, its not worth it unless you own a shiiteload of stock, but Im going to tender all my shares anyway, at very least my cost base drops a tiny bit, and it pisses them off