Post by
Catscratch on Sep 02, 2021 9:21am
Dundee sells remainder of Blue Goose for additional $8M
Good to see quick progress on selling the remainder of Blue Goose. Now if they would just buyback some DC.A stock!
https://stockhouse.com/news/press-releases/2021/09/02/dundee-corporation-makes-further-progress-on-divestiture-of-non-core-assets-and
Comment by
valueinvestor89 on Sep 02, 2021 10:31am
Looks like they had it on the books for $27m net but still glad they got rid of it and will stop incurring losses and injecting cash. Overall a great outcome. Lets get some buybacks now!
Comment by
Macpoor on Sep 02, 2021 6:33pm
Love to see we buy back the remaining of Series B. Still over 1 million outstanding shares out there.
Comment by
Catscratch on Sep 03, 2021 1:43pm
I'd say the prefs are too expensive to buyback at this point. Cash is better allocated towards DC.A buybacks in my opinion.