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Bullboard - Stock Discussion Forum Stelco Holdings Inc T.STLC

Alternate Symbol(s):  STZHF

Steel Steel
Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. The Company produces flat-rolled value-added steels, including coated, cold-rolled, and hot-rolled steel products, as well as pig iron and metallurgical coke. It also provides gauge... see more

TSX:STLC - Post Discussion

Stelco Holdings Inc > I may be nuts
View:
Post by SadieLadyCO on Oct 28, 2022 11:14am

I may be nuts

current price is 33 dollars they are buying it back at $35...why not buy..
Comment by nedstar71 on Oct 29, 2022 4:11pm
You may well be nuts but please refer to the thread below "SIB $18 taxable dividend" to understand why not to buy. "Could you imagine someone unknowingly putting $102k or so for 3000 shares at $34 in a non registered account, tendering thinking they'll be dealing with $3,000 in capital gains and instead getting a dividend tax bill in excess of $54,000? On a profit of $3000! I ...more  
Stelco Holdings Inc