TSX:IBG.DB.E - Post by User
Comment by
nkbourbakion Nov 13, 2015 7:54pm
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Post# 24290753
RE:RE:RE:RE:11.3% EBITDA and EPS of $0.27/sh (continuing Ops)
RE:RE:RE:RE:11.3% EBITDA and EPS of $0.27/sh (continuing Ops)Similar story here regarding the rights offering. I got a bit lucky in that I sold 20% of my common at the open the day the rights offering was released because it seemed obvious we were in for a big down day, and because I could always replace those shares by exercising my rights. But then I bought it all back about 20c lower.
I again didn't get filled on the debs. Perhaps should have been greedier because the rights offering does nothing but improve the quality of their debt and instead the debs showed some weakness.
Nice to enjoy a good bounce, even if I missed out on the series A jackpot.