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Dundee Corp T.DC.A

Alternate Symbol(s):  DDEJF | T.DC.P.B | T.DC.P.D | DNDEF | DNDPF

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include Corporate and Other Portfolio Holdings; Goodman & Company, Investment Counsel Inc.; Dundee Sustainable Technologies Inc.; United Hydrocarbon International Corp., and Dundee 360 Real Estate Corporation. Corporate and Other Portfolio Holdings segment invests in public and private equity and debt securities in diversified industry segments. Goodman & Company, Investment Counsel Inc. includes the activities of Dundee Global Investment Management Inc. Dundee Sustainable Technologies Inc., a 78%-owned subsidiary developing patented sustainable precious and base metals extraction processes. United Hydrocarbon International Corp., an 84%-owned private subsidiary engaged in oil and gas exploration through the holding of a royalty interest in the Republic of Chad.


TSX:DC.A - Post by User

Comment by pierrelebelon Mar 10, 2024 2:45pm
40 Views
Post# 35925287

RE:RE:RE:RE:RE:RE:Genting / TauRx

RE:RE:RE:RE:RE:RE:Genting / TauRx"On the insider buying.  They have probably been in a blackout..."

I am referring to the Normal Course Issuer Bids (NCIB) announced in April 2023

LINK

"President and CEO Jonathan Goodman views the purchase of shares for cancellation at current prices as a prudent long-term investment to streamline Dundee’s capital structure, reduce future dividend payments, and return excess cash to shareholders"

That was bull as the shares were trading at $1.20 at the time and management has been sitting on their rear end instead of using the cash on hand to buy back "A" shares for cancellation.  It appears to me management simply wants to lower the share price so they can offer to buy the minority interest at a bargain price.

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