TSX:CHE.DB.E - Post by User
Comment by
Capharnaumon Oct 14, 2020 2:07pm
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Post# 31714917
RE:RE:RE:RE:135% payout ratio
RE:RE:RE:RE:135% payout ratioFantome wrote: haven't owned this for a while as you know and thought I would take a look at it to see how things were going. Agree that debt is an issue and has been for a while.
One question ....What new management are you referring to??....I haven't seen an annluncement of any changes...
From Aug 17 2020 release:
Chemtrade Logistics Income Fund (TSX: CHE.UN) announced today that Mark Davis has informed the Board that he will retire as President and Chief Executive Officer (CEO) in 2021. Scott Rook, currently the Chief Operating Officer (COO), will replace Mr. Davis upon his retirement.
It could be argued that Scott Rook ain't new management since he is COO, but he only joined in Aug 2019.