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Exchange rate. CAD/USD
I was just recalculating the purchase price and the numbers don't add up. Transatlantic trades at $11.25 time .05657= .6364 not 67...
I found this deal to be bad for the Shareholder (just my opinion)... Their selling their 546 MM$ US NAV (discounted at 10 % Before tax...
Where is your analysis? Just waiting for your brillant observations on stream. Tank
Just speculating - Bankers could bid up and come up with a sweeter deal, say 80 cents a share. They know the area and they need gas...