RE: *** Today's News ***If I wanted a prefered share of Canadian Crude I would buy a prefered share of Canadian Crude. Taking the shares is too unreliable. If we all (or a great proportion of us) took the shares and then sold them to get some cash the value of the the shares would drop like a stone. Therefore we wouldn't be getting what we thought.
If Canadian Crude executives doubt the forecasts of higher earnings why do they want to buy Newalta?
Steve