Q: TFI International has indicated it will be offering 6 million shares for public offer.
Am I correct in assuming it will be at a discount to current market price which will put some short term downward pressure on the stock price?
If this is correct would it be prudent to sell now before the price is announced and buy back in when the "expected" downward pressure comes into play?
Thanks
John
Am I correct in assuming it will be at a discount to current market price which will put some short term downward pressure on the stock price?
If this is correct would it be prudent to sell now before the price is announced and buy back in when the "expected" downward pressure comes into play?
Thanks
John