Post by
Donwaan on Jun 24, 2022 1:01am
Offering clarification
It is my understanding that an offering cannot be done if the preferred shares are trading below their NAV. Is this correct?
Comment by
EdPaquette on Jun 24, 2022 8:20am
Yes, true. People who might have wanted preferred shares now have better gic rates. My credit union offers 4.4% on 5 yr.
Comment by
JRand3 on Jun 24, 2022 8:58am
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Comment by
mouserman on Jun 24, 2022 10:29am
In this current market i dont think it would be an easy sell. DFN commons shares showing a healthy premium here, but the general direction of the NAV has been down for a few months now...