Level 2 RT/ Dilution dyod
Do you think they will do a share offering at these prices?? (speculation)
imho, I can't see how they can be both a high yeild Co and Growth Co with the US and CDN economic headwind's.
A share offering is going to dilutue you. Do the math over Q!/2016.
calculate the dividend on shares outstanding
(approx. 27 mil shares outstanding and divy is $0.09/month)
Divide that number by say $7 (current mkt price). That how much of the pie you have to give up.
To grow, do you want to give up pie or retain cash and a health balance sheet.
IF. MGMT is in lockdown, some sort of finacing/ re-org is in play ( funds could be use for operations or pay down debt and maybe/or a buy out of a peer)
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Market By Order
| Bids |
| Time of Order | Broker Name | Size | Price |
| 11:06:23 | National Bank Financial Inc. | 500 | 6.99 |
| 11:06:23 | CIBC World Markets Inc. | 100 | 6.99 |
| 11:07:08 | Goldman Sachs Canada Inc. | 100 | 6.99 |
| 11:07:08 | CIBC World Markets Inc. | 100 | 6.99 |
| 10:55:12 | National Bank Financial Inc. | 1,400 | 6.98 |
| 11:05:56 | Anonymous | 100 | 6.98 |
| 11:06:17 | BMO Nesbitt Burns Inc. | 500 | 6.98 |
| 10:52:35 | CIBC World Markets Inc. | 200 | 6.97 |
| 10:53:24 | Cormark Securities Inc./V... | 500 | 6.97 |
| 11:02:02 | Scotia Capital Inc. | 200 | 6.97 |
| 11:05:54 | Merrill Lynch Canada Inc. | 300 | 6.97 |
| 10:51:12 | CIBC World Markets Inc. | 100 | 6.96 |
| 10:30:42 | RBC Capital Markets | 1,000 | 6.95 |
| 11:03:18 | Merrill Lynch Canada Inc. | 600 | 6.93 |
| Asks |
| Price | Size | Broker Name | Time of Order |
| 7.01 | 200 | CIBC World Markets Inc. | 11:05:58 |
| 7.01 | 100 | Credit Suisse Securities ... | 11:06:11 |
| 7.02 | 100 | Anonymous | 11:05:56 |
| 7.03 | 100 | Anonymous | 11:05:56 |
| 7.03 | 100 | Merrill Lynch Canada Inc. | 11:05:58 |
| 7.03 | 300 | Merrill Lynch Canada Inc. | 11:06:05 |
| 7.04 | 100 | CIBC World Markets Inc. | 11:05:56 |
| 7.05 | 200 | CIBC World Markets Inc. | 10:56:18 |
| 7.07 | 100 | CIBC World Markets Inc. | 10:46:27 |