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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Utilities Utilities - Regulated Gas
Superior Plus Corp. is a Canada-based company, which is a distributor and marketer of propane and distillates and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane), and Certarus Ltd. The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States, as well as the Midwest and California to residential and commercial customers. The Canadian Propane segment includes the Canadian retail propane distribution business and the wholesale natural gas liquid marketing businesses. The Wholesale Propane segment is a distributor and marketer of propane gas and other natural gas liquids.


TSX:SPB - Post by User

Superior Plus Corp > Re.....overhang
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Comment by newcoinon Feb 01, 2023 2:52pm
175 Views
Post# 35260280

RE:RE:RE:RE:RE:RE:RE:RE:RE:Re.....overhang

RE:RE:RE:RE:RE:RE:RE:RE:RE:Re.....overhang

Thanks, penny, for laying out the possible options here. This caught investors by surprise. It will be over soon. Likely a great chance to buy?

pennydredful wrote: former  president   was  leaving   DEc    31st    .   He   may  have had  a lot   of    options   he  was   exercising . A   departing   executive   has   30  days   to   exercise   his options   .  As   no longer   with the company  no   insider   filing   required   .   The   profit   on these   is considered   regular  income not   capital   gain so   there   would  be   an  "incentive"   to   cash   these   out.   and    re buy   later if desired   as   the  new    buy   would   only   be    treated    to  capital   gain  tax  in the future  .   The   lower   he sells   less   income   tax   to   pay.    We   are now   about    30  days   from   Dec. 31  . 

 

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