RE: RE: RE: Dundee DC.A Hi Mark101. Your question: Are you saying Dundee is purposely trying to drive their own stock down by frustrating their sharholders?
No. I think the Globe article explained the reason for Friday's 1/3 "drop" in Dundee's stock price. The article identified the mechanics and stock price implications of the planned of the Dundee reoroganization. This, in turn, explained the basis for Dundee's Friday's share price revaluation of approximately 1/3 less than the day before. If this is accurate, there was no shareholder sell off of the stock, or real change in Dundee valuation at all, just a revaluation based upon a stock swap.
In that regard to the reorganization, in this rate environment, I'm not so sure that all investors would consider a 7% return as boring. With that, I agree, I hope Dundee is earmarking some financing for WOF in its grand plan! Cheers. Seg.
https://www.theglobeandmail.com/globe-investor/news-sources/?date=20130530&archive=ccnm&slug=201305300877308001