Rumours....Hey all, it's been awhile. Looking at the price drop over the past month, as well as some higher than usual volumes over the past few weeks, I made some calls to a few people in the know....
The guess is that there will be nothing glaring in the year end numbers that will be released in about a month. The recent acquisition of Threshold will ensure that Gross Revenue will increase on a quarter-over-quarter and year-over-year basis. However, what might be of note is troubling trends down south. Educated guesses suggest that all is not peaches n' cream in Australia, with issues surrounding certain 'management styles'. This may or may not lend to possibly disgruntled employees and customers.....
So, the educated guess is that we will see the start of decreased transactions in Australia that will mirror the downward trend in Canada, offset, of course, by the Threshold purchase.....
Is this the catalyst for some with larger positions to start to bail prior to the year end is released? Perhaps they are anticipating a drop in the dividend rate? I would certainly be cautious heading into next month.