Bullboard - Stock Discussion Forum Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.F

Primary Symbol: T.CHE.DB.E Alternate Symbol(s): CGIFF | T.CHE.DB.G | T.CHE.DB.H | T.CHE.UN

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental... see more

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TSX:CHE.DB.E - Post Discussion

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > $9.00 !!

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Post by carp1104 on Aug 11, 2022 9:32am

$9.00 !!

YES !!!!

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Comment by DrSamantha on Aug 15, 2022 4:35pm

Well darn, there goes $9.00 :(

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Comment by carp1104 on Aug 16, 2022 1:11am

Most people on this board would have been happy to have had Chemtrade's stock price @ $ 8.65 last week so to do the offering at this price should be seen as good. (just my opinion.) It will keep their debt level down and give them the money to expand and grow . Although I do wonder if this is their way of saying that the sale of the North vancouver land is not going as ...more

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Comment by Safetrader on Aug 16, 2022 12:07pm

Well just guessing that BMO as well as RBC got a really good look and review of their financials. Both just purchased close to 10M shares at $8,65 less 4 % commission $8,30. This will mean 10% more shares in the market. Not clear on if they need to hold-on to shares for a certain time or not, but probably price will fluctuate between $8,50 to $9,00 for a while depending on ...more

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Comment by GregC24 on Aug 16, 2022 2:47pm

They can't both have purchased 10M shares when the offering was 10M shares total.

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Comment by Safetrader on Aug 16, 2022 3:17pm

You're right , both together had all the info and purchased together the 10M shares. Their cost was $8,30 and I guess they will eventually resell a portion if not all.

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