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I'm no expert, but selling off Broda and issuing debentures, this along with a name change that is costing them a lot of money, does this...
Offering increased to $70M, a very positive sign. http://www.marketwired.com/press-release/stuart-olson-announces-increase-bought-deal...
Conversion price is well above current share price, "The conversion price will be $14.15 for each common share of the company, subject...
TD noted Borda sale as sale of non-core asset, reduces debt and also has $13 target price.
As per Scotio, they "netted" a good price. SP target of $13.