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TDb Split Ord Shs Class A T.XTD

Alternate Symbol(s):  TDBSF | T.XTD.P.A

The investment objectives with respect to the Class A shares are as follows:1. to provide holders of Class A shares with regular monthly cash dividends in the amount of $0.05 per Class A share when the net asset value per unit exceeds $12.50; and 2. to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit. TDb Split Corp.


TSX:XTD - Post by User

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  • CapHighlinerX
Post by CapHighlineron May 01, 2020 11:48am
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Post# 30976243

Any advice on this?

Any advice on this?"The net asset value per unit of the Company as at April 15, 2020 was $11.25. No regular monthly distributions will be paid on the Class A Shares in any month as long as the net asset value per unit is equal to or less than $12.50."

XTD Class A are now selling at $ 2.65 with a NAV of $11.25? What am I missing? I'm holding 16000 shares at avg price of $ 5.58! Any thoughts?
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