RE:Beware of overnight offerings EdPaquette wrote: Suddenly a huge premium to nav means there could be a overnight offering.
Yes , an offering could very well be in the works. Not sure how easy it wold be to sell, but it has been a long time since Brompton raised some funds for DGS... has to be over 3 years ago...
AH juts found it here on stockhouse under the news tab.
Dividend Growth Split Corp. Completes Treasury Offering TORONTO, ONTARIO--(Marketwired - Nov. 29, 2017) -
Not for distribution to U.S. newswire services or for dissemination in the United States
Dividend Growth Split Corp. (TSX:DGS)(TSX:DGS.PR.A) (the "Company") is pleased to announce that it has completed the previously announced treasury offering of class A shares and preferred shares for aggregate gross proceeds of approximately $76 million. The class A shares and preferred shares will continue to trade on the Toronto Stock Exchange under the existing symbols DGS (class A shares) and DGS.PR.A (preferred shares).
The class A shares were offered at a price of $8.00 per class A share and the preferred shares were offered at a price of $10.00 per preferred share. The class A and preferred share offering prices were determined so as to be non-dilutive to the net asset value per unit of the Company as of November 15, 2017, as adjusted for dividends and certain expenses accrued prior to closing of the offering.