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Silver North Options GDR Silver Project, Silvertip-Midway District, Yukon (click to learn more) Ciscom Corp. Strengthens Its Board of Directors with Addition of Two Experienced Industry Leaders (click to learn more)
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Bullboard - Stock Discussion Forum Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s):  T.LCS.P.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share... see more

TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > Wondering why LCS is green today?
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Post by mouserman on Dec 28, 2023 10:31am

Wondering why LCS is green today?

The UNIT NAV in realtime AFTER distributions is at about $16.95.... and with the last sale around $6.42 LCS trading at over a 50 cent discount.  I suspect the lifecos will regain their popularity ahead of the nex set of Q results , which once again should be better than the banks. Interest rates in Canada are not set to go lower until well into the 2nd half of 2024, if Macklem  has his way. High interest rates are BOON for lifecos. Not so much for banks.
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