Could be UBS or Huddys. But who is the actual party hiding behind UBS?
The VWAP for IDL before today was:
1 week 1.55
2 week 1.53
4 week 1.52
2 month 1.42
So I guess it was really only a 6-8% discount on recent VWAP's so that is about average to entice buyers. Not as bigger discount as I thought. Looks good.