GREY:NCNNF - Post by User
Post by
Rusty2018on May 23, 2020 1:31pm
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Post# 31064901
Opinions Sought Here
Opinions Sought HereI am curious as to current investors opinions on the divestiture of Quill and Sackville.
Non core businesses, I agree.
Just wonder how this will be perceived.
NR issued after market on a Friday - usually a sign that management is not sure how it will go over.
Sector is on an up-trend so that is positive as well.
Management spin about focus on core business is positive as well.
I have a decent long position and sold a smaller swing position Friday into the strength.
Not sure how the SP will be affected near term....my long position is in RRSP with a 1 -2 year hold.
Any thoughts from other investors would be appreciated.
Cheers
Rusty