RE: RE: price almost back to tangible book. This downtrend is definately a head scratcher.
Its trading like a resource stock running out of cash that has no chance of raising any.
Facts are its near book value and it earned nearly $20 million last year.
Future seems bright. Not much else to do but wait for Q1 results and the AGM on May 22nd.
Most of the selling is coming from TD. The shares languished around 20 cents in 2009 and 2010. Perhaps a big stakeholder moving on with a 1000% gain.