TSX:EIT.PR.A - Post by User
Comment by
Yachtieon Oct 09, 2007 11:33am
321 Views
Post# 13540845
RE: buybacks
RE: buybacksStooge......
"Issuer Bid:
The manager sells to us units of trusts and buys from us units of EIT.UN.
Seems to me one action counters the other."
This is not quite correct.
The units that EIT is purchasing from us are for CANCELLATION. This is a good thing.
Yachtie.