Q: Just to clarify, my question below is about CUS.DB.D
Just wondering what your thoughts are on the offer to redeem the 3 Canexus debentures. As an income seeking investor, should one accept the cash offer or keep the 6.5% debentures until the end of term? Pros and cons? I was also wondering if one doesn't accept the cash offer, will there be a secondary market for these debentures? Will the convertible feature remain in place? Thanks for all your help.
Just wondering what your thoughts are on the offer to redeem the 3 Canexus debentures. As an income seeking investor, should one accept the cash offer or keep the 6.5% debentures until the end of term? Pros and cons? I was also wondering if one doesn't accept the cash offer, will there be a secondary market for these debentures? Will the convertible feature remain in place? Thanks for all your help.
Q: I own both of these companies, through BMO INvestorLine. Keep getting messages to act upon something. I am of the opinion that failure to make an election will result in a cash payment under the arrangement to be paid in Canadian Funds (which I want). Timing 1 to 3 weeks for payment. Does this seem to be correct or do I really have to Make an election?
Q: Is $1.65 a fair price for the Canexus shares if Chemtrade is successful? Also, would an acquisition at this price be accretive? Thank you.