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Noranda Income Fund Unit NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit
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Comment by AlexanderWRon May 19, 2016 11:19am
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Post# 24888480

RE:Share price: headed below 2.50?

RE:Share price: headed below 2.50?I am not sure $2.50 is the limit. 60% of $3.40 is $2.04. And $2.04 is under assumption that div stays the same, while the release warned us exactly about the opposite. 

Hopefully, BB will bring his insight soon...
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