TSX:CHE.DB.E - Post by User
Comment by
Khersonon Feb 09, 2020 3:43pm
87 Views
Post# 30664638
RE:$1 Billion!
RE:$1 Billion!Kherson wrote: That is the decrease in the value of the Chemtrade equity over the last two years or so. The reason is because of too much debt. No need to say any more!
Glad to see that the paid pumpers are out in force today. You guys keep telling yourselves that everything at Chemtrade is great and just maybe one or two of you might eventually believe it!
Kherson
When you closely look at the equity side of Chemtrade, you will realize that Sentry Investments was a big supporter of the Canexus buyout due to their heavy investment in the $400 million of overall Subscription Receipts that Chemtrade issued @ $18.35 each. But what is really interesting is that they unloaded most, if not all of their position within two years!
At that time, Sentry was the largest Insider of Chemtrade units. Sentry unloaded their units at a large loss. Those of you who hold Chemtrade need to ask why!
If Sentry really felt that the distribution was safe, they would not have had to unload their position!
Kherson