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STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A



TSX:STB.DB.A - Post by User

Comment by Jmarks1on Apr 14, 2016 11:31am
220 Views
Post# 24766416

RE:RE:Scotia

RE:RE:ScotiaYou got 1000 shares on that offering, will you share how many you asked for from which brokerage? Curious how I can be at my computer get an email about the offering, immediately go to the buy page and the offering is already closed.

As for the offering price, it is right in line with other recent offerings of common stock. Have a look at a recent large cap offering by TRP. 
IMO this exit of a large shareholder was handled EXTREMELY well, benefiting the share holders!

rehsifylf wrote: Which is exactly what I did.   I got 10000 shares and sold the 10000 I had. But, I have to wonder why they would offer at well below the past 30 days number - it should have been at the 30 day average IMO.

I've held this a long time, but this is the kind of move that they have made before and flys in the face of people that bought over the past month. I hate garbage like that.  But thankfully those French clowns are gone.  They caused this stock to be punished for a whole year.


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