Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Firm Capital Mortgage Investment Corp T.FC

Alternate Symbol(s):  FCMGF | T.FC.DB.I | T.FC.DB.K | T.FC.DB.L | T.FC.DB.J

Firm Capital Mortgage Investment Corporation is a Canadian mortgage investment company. The Company, through its mortgage banker, Firm Capital Corporation, is a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. Its investment objective is the preservation of shareholders' equity, while providing shareholders with a stable stream of monthly dividends from investments. The Company achieves its investment objectives through investments in selected niche markets that are under-serviced by large lending institutions. Its lending activities are focused on developing a diversified mortgage portfolio. Its mortgage banker acts as the Company's loan originator, underwriter, servicer and syndicator. Its mortgage portfolio includes conventional first mortgages, conventional non-first mortgages, related debt investments, debtor in possession loan and non-conventional mortgages.


TSX:FC - Post by User

Firm Capital Mortgage Investment Corp
Bullboard Posts
User Avatar Image
(3)
•••
Comment by ArbProfiton Sep 07, 2017 3:14pm
106 Views
Post# 26668215

RE:RE:NEWS after market close Sept 6

RE:RE:NEWS after market close Sept 6I guess they decided to respond to the trading activity.  

Looks like 67% of debenture holders elected for shares. so there should be about 1.7M shares issued.  I doubt those new shareholders will be inclined to sell at a loss, so I'll be curious to see the price they're issued at.  Today's strength is good for existing shareholders since we're still in the 20 day period that determines that price, but I would have preferred this NR a few days later as I didn't get as much as I wanted under $12.35.




Bullboard Posts
Dealroom for high-potential pre-IPO opportunities