TSX:CHE.DB.E - Post by User
Comment by
Khersonon Jul 14, 2020 6:20am
147 Views
Post# 31263964
RE:RE:Big drop in Sodium Chlorate demand and regen, acid services!
RE:RE:Big drop in Sodium Chlorate demand and regen, acid services!winterishere wrote: Kherson, I went to sedar and scanned the prospectus.
A pandemic steering team has been formed! And it looks like there will be some shares issued pretty soon, I might lower the target price for buying back in, or maybe just sit this one out.
It certainly looks to me like Chemtrade is forecasting continued weakness in their unit price. What is also sad is that their indebtness has also increased since the end of the 1st Quarter.
The important thing though is that the executive team will still get their bonuses as the Trust has actually lowered the bar on the Incentive Bonus Plan!
Chemtrade is going down the same rabbit hole that Canexus did!
Kherson