TSX:LSG.DB - Post by User
Post by
HARJAYon Nov 19, 2014 9:46am
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Post# 23143288
Bought deal
Bought dealI know very little about this kind of financing but i would think that if TD felt comfortable enough to buy these shares at higher than the present share price , they must feel that they can sell these shares to investors at that price and there will be demand to buy these shares.
For Investors to buy at $1.17 they must believe that the S / P will go higher and it will be a GOOD investment for them. And remember that flow thru shares are a tax investment. People buy them to be able to deduct them the investment from income.Otherwise why would TD do a bought deal that they can pass off to their investors.They know their is demand for these shares.
Am i being too simplistic in my thinking ?