TSX:MRT.DB.A - Post by User
Comment by
flamingogoldon Feb 01, 2023 3:06pm
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Post# 35260324
RE:RE:Buying continues by MRT...
RE:RE:Buying continues by MRT...If we get a raise to 3¢, then the share price would need to rise to $8 for a similar 4.5% distribution. A 5% distribution valuation gives us a $7 share price. Very doable.
Either way, at 3¢, it is still more than 50% below the 8¢ distribution pre-pandemic. Lots of air above still. Just requires patience.
Mrguillaume wrote: MRC is getting more aggressive as we move closer to Q4 reporting Feb 15. Hope to see a distribution increase - could be as much as 50% - to $.03 monthly.
In the past 3 weeks, MRC (RBC Capital) has been most of the volume traded on the buy side. They have been keeping their buy orders hidden. This billionaire counts his pennies.