RE:pumper Malxrusster wrote: Malx rose covered glasses!
Ipo@$15.25 05/01/08.
VS
11/16/18 .Share price = @10.22 with a divy of .0575 cents/share.
VS
11/18/22 .Share price = @ 7.70 with a divy of .03 cents/share.
2Million shares bought back VALUE STOCK? NOT!
Day trade stock yes!
Likleyhood of privatization because of the buybacks giving Darcy's Incresed stock conrol over public Float HIGH !!
No need to correct my way of thinking or undrerstanding of buybacks Malx.
Russ please provide the source of your information.
What you've posted doesn't line up with the facts.
I am looking at 2003 IPO for Gamehost Income Trust on the Venture exchange.
Company raised $20mm @ $10 per unit.
In 2008 the company graduated from the Venture Exchange to the TSX, then split the units 3-for-1, and increased the dividend.
Maybe you are mistaking graduation from TSX-v to the big board for an IPO.
All the facts and history are chronologically available to you on Sedar.
You also forgot to add that there was a Pandemic in 2020 that tanked the equity markets.
Hope that helps.
www.sedar.com See below:
ITEM 2 Date of Material Change: March 18, 2003 Financing: The Private Placement will provide the Fund with sufficient capital to purchase indirectly the Service Plus/GNC Assets and the Additional Assets. The Private Placement is for approximately 2.0 million special warrants with a subscription price of $10.00 per special
warrant. These special warrants will entitle the holders thereof to acquire one (1) Fund Unit, without additional consideration, upon the Arrangement becoming effective. The proceeds from the financing will be held in escrow pending successful completion of the Arrangement. The agent for the Private Placement is J. F. Mackie & Company.
------------------------------------------------------------------------
FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1. Name and Address of Company
Gamehost Income Fund (“Gamehost” or the “Fund”)
400, 4406 50th Avenue
Red Deer, Alberta T4N 0G8
Item 2. Date of Material Change
April 23, 2008
Item 3. News Release
A news release was disseminated through the services of Canada Newswire on
April 18, 2008.
Item 4. Summary of Material Change
On April 18, 2008, Gamehost announced that the record date for the previously
announced 3 for 1 unit split was April 23, 2008. The Ex-trade date was April 21,
2008.
Item 5.1. Full Description of Material Change
Unitholders of record on April 23, 2008 were entitled to receive an additional 2
trust units for each trust unit currently held. Certificates for the additional trust
units were mailed by the Fund’s Transfer Agent, Computershare Trust Company
of Canada, on April 25, 2008.
Immediately following the split, 10,773,153 trust units were issued and
outstanding.