Q: Please give your opinion on the takeover with Strathcona's improved offer. Thanks.
5i Research Answer:
The SCR offer has been improved by 10%, and this is not a big surprise. Now, we will need to see what the company says and whether CVE responds. Certainly it is 'better' than before but still might not be enough. We do not think this fight is over yet and we would hold shares for now.