Bettertipster, many IBR holders will value their IBR shares at...

Bettertipster, many IBR holders will value their IBR shares at 88c (TMR 22c x4) and will think I'm not selling in high 70s. They will be thinking I'll sell the scrip offer TMR shares post merger. Also may be hoping for improved counter offer, or hoping merger will not proceed. Now TMR has an average daily volume less than $400,000 per day, you don't need many involuntary TMR holders to hit the exits for a decent retrace to eventuate.