TSX:STB.DB.A - Post by User
Comment by
righand2on Oct 01, 2015 7:29pm
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Post# 24155285
RE:RE:RE:BlueCollar
RE:RE:RE:BlueCollarBlueCollar51 wrote: < student="" transportation="" has="" actually="" substantially="" reduced="" their="" dividend="" in="" usd="">
They listed on the NYSE in 2011 and since then US investors have seen their STB dividend (declared in CAD) substantially reduced due to the weakness in the Loonie.
But when we remember that they raised $25.66m more with the Dilutive Equity Issue than they needed to redeem the Debentures the years Net Cash improvement doesn’t look quite so impressive.
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Man, you really do like to stretch the facts. You are implying that somehow STB has control over exchange rates? And maybe that money they raised from the "dilutive equity issue" was used for expansion? Everyone encourages honest dialogue, but since you sold, you have done nothing but post misleading bull.