Extension of SBN for another 7 yearsFor those investors that opted in error to extend this investment I think you need to ask your broker some questions. Has this investment been good for you or good for Strathbridge Asset Management ("SAM") and your broker. Did you know that your broker got a commsion for the extention that will result in a 2% loss in NAV. Did you know the SAM has diluted you shares twice during the life, such that your $15 purchase cost was adjusted to around $19.15 and that the total income you received is just $4.35. So that the given NAV plus income received total $14.50, yes this investment has delivered you a 24% loss over the past 7 years. During that time Scotia stock paid 3% dividend and went from $46 to $70.50. SAM made money at least $0.02 every month, not including the windfall they got every time they diluted your position. Somehow their special SSO trading idea only works for SAM. The question is how far will SBN fall now that it has been extended. Over the long hawl it tended to trade at a 10-20% discount to NAV. How far will it far now that close to 60% of holder opted to redeem the units. The cost of this redemption will be born on the remaining 40%. I think this is a screaming short.