The TO looks like a done deal but it I agree it looks too cheap...

The TO looks like a done deal but it I agree it looks too cheap for me.
TMX rather than pay 5 mill for a license to use razor see it in their advantage to buy the whole company for 10.
In other developments it looks like TMX takeover by the Maple group might get knocked on the head by the Canadian Competition Bureau and speculation is out that London Stock Exchange( LSE )might make another bid for TMX. LSE are already in exclusive talks with LCH clearnet about a TO there.
LCH of course is one of Razors most significant clients.

After a long think I will be holding my 8 mill shares and hoping another couple of large shareholders will also oppose the TO.I think 5 cents a share is the fair cash price for TXN to pay.
The sp may tank if TO unsuccessful but hey what's new.