The Independent Expert, Lonergan Edwards & Associates Limited, has concluded that the Scheme Consideration is fair and reasonable and therefore in the best interests of Senex Shareholders, in the absence of a superior proposal. The Independent Expert has assessed the value of Senex Shares to be between $4.17 and $4.92 per Senex Share. The Scheme Consideration of $4.60 per Senex Share is within this range.
Anyone know how much an Independent Expert gets paid to spend months figuring out SXY is worth $4.17-$4.92?
Nice work if you can get it.
I patiently await an appropriate $4.92 counter-offer, but with diminishing hope
