TSX:CHE.DB.E - Post by User
Comment by
Khersonon Feb 20, 2020 9:16pm
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Post# 30715716
RE:RE:The Distribution...
RE:RE:The Distribution...sclarda wrote: Kherson wrote
Folks, the current distribution is not and has not been sustainable since I began posting on this SH board. With the 2020 Guidance, we can now be certain that a distribution cut is in the works!
Now you all know why Sentry Investments started selling their position about two years ago! Keep in mind that Sentry was a big supporter of the Canexus deal through Chemtrade's Subscription Receipts issued @ $18.35 each just 3 years ago, but for some reason, they soon dumped their entire position in Chemtrade, at a loss.
Sadly, investors in this company have been played for fools by management!
Kherson
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"With the 2020 Guidance, we can now be certain that a distribution cut is in the works."
You are correct again.
Do you realize fool that all of the funds for the 4th Quarter distributions was from borrowed cash?
Kherson