I wasn't going to bother responding to this post given these threads house the least offended TPD holders. But this inaneness of your post deserves a response.
I dont think its a lot of holders of TPD on HC that think the deal is a travesty at all.
Ofcouse not, the dual-holders do not think it is a travesty at all. What they lose on their TPD investment, they gain on their existing STX investment so they are indemnified. Perhaps you might consider what your thoughts might be if you were a non-STX holder or if TPD was being popped by someone you didn't hold?
The cold hard facts are the current STX offer is approx. $50M discount on the fair value of TPD. If you are wondering why the many non-STX holders are offended by the deal, that is why. Full details here:-
https://hotcopper.com.au/threads/stx-deal-in-numbers.7533693/?post_id=69439275
Cooky cooking us, page-98
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