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Bullboard - Stock Discussion Forum
MCAN Mortgage Corp
T.MKP
Alternate Symbol(s):
MAMTF
Consumer Cyclical
Advertising Agencies
MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments....
Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.
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Bullboard (TSX:MKP)
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(144)
•••
JayBanks
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Comment by
JayBanks
on Jun 11, 2021 3:14pm
RE:RE:RE:RE:RE:News release
I just did some major googling... According to legal terms and documentations the "Pro-Rata formula" seem like it will be based on the overall ownership share (percentage) of the company
...more
(144)
•••
JayBanks
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Comment by
JayBanks
on Jun 11, 2021 1:36pm
RE:RE:RE:RE:News release
So your expecting of my additional 200 shares I subscribed for I'll get 4.3% so 8 or 9 additional shares if I understand you correctly? Your theory makes sense and is also fair. I wish that the
...more
Pharmaceutical Tech Co Reports 2.7X Revenue Growth Year-Over-Year at US $24 Million
posted Nov 21, 2024 9:00am by
Innocan Pharma Corp
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"Our strong operational and financial momentum continued throughout 2024 and now in the third quarter, we again demonstrated solid financial results. We are pleased to report nine consecutive quarters of continuous revenue growth. Our online platform continues to perform exceptionally well, contributing to our strong nine-month revenue growth of 174% YoY ...read more
(1)
•••
wildrunner11
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Comment by
wildrunner11
on Jun 11, 2021 10:23am
RE:RE:RE:News release
So, I have the basic shares in my account on the rights but no additional shares. I think the over subscribed relates to the entire shares offered. So, the right offering was up to 1,306k shares so
...more
(144)
•••
JayBanks
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Comment by
JayBanks
on Jun 11, 2021 10:19am
RE:RE:RE:News release
No changes in my account, I was rather disappointed about it. Last time I was stupid and bought more rights than I had the ability convert, I didn't understand the process, I still don't
...more
(5)
•••
Strohs16
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Comment by
Strohs16
on Jun 11, 2021 9:53am
RE:RE:News release
If I had to guess, my pessimistic, and totally uneducated me, would say, that, us tinly little retail investors won't get any of the oversubscription, especially given the magnitude of it. I
...more
(144)
•••
JayBanks
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Comment by
JayBanks
on Jun 10, 2021 11:30am
RE:News release
Yes, seems like they were in super demand, and at around 12.3% discount to the current share price you can see why. I asked a desk trader when I exercised the rights how they decide who
...more
(1)
•••
wildrunner11
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Post by
wildrunner11
on Jun 10, 2021 10:57am
News release
On the closing of the news release it says the additional share were oversubscribed by 2.96 times, but it does not indicate how the additional shares will be alloacated. I guess we wait and see.
(1)
•••
wildrunner11
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Comment by
wildrunner11
on Jun 09, 2021 2:37pm
RE:RE:RE:RE:RE:RE:RE:Rights offering
I'm with TD, the shares for the RT are already in my account, and RT shares gone with money. Just waiting on the transaction for the additional shares to complete. yes, you are right the
...more
(144)
•••
JayBanks
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Comment by
JayBanks
on Jun 09, 2021 1:15pm
RE:RE:RE:RE:RE:RE:Rights offering
I'm with Scotiabank and like you there have been no changes in my account today.
(144)
•••
JayBanks
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Comment by
JayBanks
on Jun 09, 2021 1:14pm
RE:RE:RE:RE:Rights offering
I was surprised myself when I noticed the closing date when I re-read the release. I thought we received the shares the day after the Record date for the dividend. I must have just been date
...more
(5)
•••
Strohs16
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Comment by
Strohs16
on Jun 09, 2021 1:08pm
RE:RE:RE:RE:RE:Rights offering
who do you trade with? I'm with RBC DI. Nothing changed here so far in any of my accounts. And I seem to think I received the warrants and stock dividends earlier than some people on here did.
...more
(1)
•••
wildrunner11
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Comment by
wildrunner11
on Jun 09, 2021 11:57am
RE:RE:RE:RE:Rights offering
I received the share from the rights offerring but the money for additional shares has been taken from my account but no shares recieved. I'll wait till tomorrow to see if calculates out properly.
...more
(5)
•••
Strohs16
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Comment by
Strohs16
on Jun 08, 2021 3:52pm
RE:RE:RE:Rights offering
Oh, lol, I knew the dividend was upcoming, never thought if I would get these new shares in time for it....guess time will tell. Trades on the 7th would settle on the 9th I guess. The rights are
...more
(144)
•••
JayBanks
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Comment by
JayBanks
on Jun 08, 2021 11:56am
RE:RE:Rights offering
The rights ceased trading after yesterday's session, the closing date is the the 10th which is Thursday, I don't know if they appear in your account for the 11th or the following week or later
...more
(5)
•••
Strohs16
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Comment by
Strohs16
on Jun 08, 2021 11:04am
RE:Rights offering
I exercised all of my options and tried to oversubscribe for a few extra hundred shares. Does anyone know when these transactions close? Thanks glta
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