Q: Hello, I received a tendered cash offer of USD $12 (so, about CAN $16)  for the units of this security from the corporation for cancellation). The tender deadline is August 26 and there is no date noted for the purchase..
Is there a reason why this offer is not immediately supported by a price hike to CAN $16 (or thereabouts) as $CAN 16 is the floor price in the near term?
Thank you.
.
    Is there a reason why this offer is not immediately supported by a price hike to CAN $16 (or thereabouts) as $CAN 16 is the floor price in the near term?
Thank you.
.
 
                             
                             
                 
                    