TSXV:SSS.P - Post by User
Comment by
maypeterson Jan 11, 2023 6:33pm
179 Views
Post# 35217059
RE:Tough Decision
RE:Tough DecisionDid you end up selling ?
Sold mine today (6000+ shares) at 22.71
The $2 - $2.10 in oridinary income (interest) was a dealbreaker being taxed at 52% inside the corporate account.
Made money with the first iteration - now the second. Hope they start a third Summit.
DIR is good option (have 11K shares) - have smaller position in Nexus. GLTA
Steamo wrote: Tempted to get out now that they're no longer paying a dividend and reinvest in Dream Industrial REIT while the yield is still juicy.
On the other hand if the market goes south in Q1, it's a nice hedge if you hold on as you know you'll get an extra $1 per share unless the deal follows through (seems unlikely). And then get an even juicier yield when you reinvest.
Decisions, decisions.