GREY:CRIUF - Post by User
Comment by
Sukhi19on Oct 26, 2017 11:11am
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Post# 26862251
RE:RE:RE:Why would people sell 2 days before being guaranteed a divy
RE:RE:RE:Why would people sell 2 days before being guaranteed a divy Even 7 cents matter if you know that it is trading at a very low unit price. Size and customers have doubled since IPO when unit price was $9.99. Even 7 cents over years start adding up. If you sell today you would be selling at $8.43 where as a person who buys his price will come down to $8.43 on friday.
7 cents is 9.42% reuturn.
In my view at this point there is more risk in selling than in buying.
I am sure Board and management are not sleeping. As a "last" resort they may opt for NCIB since they have the cash available.