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BPY - Dutch Purchase Offer

  • Last Updated:
  • Mar 13th, 2019 9:55 pm
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[OP]
Sr. Member
Mar 16, 2007
666 posts
55 upvotes
Mississauga, ON

BPY - Dutch Purchase Offer

1. I have BPY with TD direct investing and with Questrade. I received a letter for Dutch Purchase offer from TD but not from Questrade. I thought the offer should be for everyone holding shares. Why not Questrade?

2. The offer range is USD $19 - 21. Today's closing price is USD 19.92. The price should go up after company purchases the shares. Any advice or guidance for putting down an offer or leave it.
1 reply
Sr. Member
Feb 26, 2017
968 posts
608 upvotes
xcel wrote:
Mar 13th, 2019 9:41 pm
1. I have BPY with TD direct investing and with Questrade. I received a letter for Dutch Purchase offer from TD but not from Questrade. I thought the offer should be for everyone holding shares. Why not Questrade?

2. The offer range is USD $19 - 21. Today's closing price is USD 19.92. The price should go up after company purchases the shares. Any advice or guidance for putting down an offer or leave it.
I'd hold it. It still seems a undervalued and they seem to have a good plan to grow.

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