Tve in canada have done a number of deals this past 6 months, there sp getting stronger. I think last year they were desperate for deal as they couldnt rely on serenity only.
It can be argued our main asset is in canada so eventually it wont matter what happens here as the vast of trading will happen over their due to duel listing. The canadian assets will be well known to them and they will hav an good idea to what they worth.
In feb update it surged to 30c with little volume, it was uk investors lagging it. Now with alot more shares traded in canada it will be more balanced.
Still dont understand why anyone would sell at these levels, price of oil going up and production is steady.