Post by
dannodotcom on Aug 29, 2023 2:26pm
Sea of Green and FTN struggles
All major FTN holdings green, DOW up 225, TSX up 230, last day to buy and collect the dist, and FTN struggles to get into green territory. What's going to happen tomorrow when it goes ex-div?
Comment by
JohnWalker on Aug 29, 2023 4:26pm
I expect to see a LARGE correction to the premium currently being paid for Class A shares. I recently sold all my FTN and hope to pick some up if the premium becomes more sensible.
Comment by
oldbrit34 on Aug 31, 2023 1:27pm
Wow ! you sure called this one correctly. What else have you got for us ?
Comment by
Donwaan on Aug 29, 2023 11:11pm
LBS limped into ex-div date as well even though it trades at a much lower premium than FTN? And with DFN underwater now have many of those shareholders moved into FTN in numbers? Hopefully it holds steady going forward.