RE:TOO LOWI have been watching the trading of the stock closely. Ever since the dividend cut announcement. Scotia(85) has been selling hard and constnatly hitting the bid. They sell at least 100 every few minutes quite often a lot more when a larger bid shows up.
I suspect that they represent a fund that had to sell because Cona dropped the dividend. Once they have finished selling the price might finally start drifting up. I will add to my position when it looks like they have finally done liquidating.
glta