Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures T.CHE.DB.E

Alternate Symbol(s): CGIFF | T.CHE.UN | T.CHE.DB.G | T.CHE.DB.H

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.

TSX:CHE.DB.E - Post by User

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > bought deal at 7.15 completed

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Comment by Khersonon Mar 10, 2021 7:49pm

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Post# 32769044

RE:RE:RE:bought deal at 7.15 completed

leo101 wrote:

Kherson wrote:

uograd wrote: always nice to add another 70 million to kitty. distribution is 8.5 per cent and sentiment is rising.

have continued to add to my position over last few days.

Is the current distribution sustainable?
Kherson

and i suspect that there isn't 70 mil left in the kitty.

So it looks like Unitholders are Ok with the Trust selling more units so as to use the proceeds to pay the Distribution?
Let's see if any Insiders share that same opinion?
Well, I be darn, Insiders Exercised for Cash on March 5th over 200,000 units @ $6.73 each! Now we know why the Unit price has been artifically run up over the last 2 months! Looks like Unitholders have been played for fools yet again!
Too funny!
Kherson

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