Q: Hi,
I've held FIH.U shares for a short while and have done fairly well. I'm a little confused about the tender offer and dutch auction style. For example, it seems like the stock is trading mid-range of the potential purchase price right now.
I have no real reason to sell, unless this is a trading opportunity where the stock could dip below the tender range after the buybacks are complete.
I'd appreciate your thoughts on the tender in general, knowing you can't give specific advise on if I should hold or put my shares in the pool
The shares are in a non-registered account, so would be subject to the dividend tax event if tendered.
I've held FIH.U shares for a short while and have done fairly well. I'm a little confused about the tender offer and dutch auction style. For example, it seems like the stock is trading mid-range of the potential purchase price right now.
I have no real reason to sell, unless this is a trading opportunity where the stock could dip below the tender range after the buybacks are complete.
I'd appreciate your thoughts on the tender in general, knowing you can't give specific advise on if I should hold or put my shares in the pool
The shares are in a non-registered account, so would be subject to the dividend tax event if tendered.