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MCAN Mortgage Corp T.MKP

Alternate Symbol(s):  MAMTF

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.


TSX:MKP - Post by User

Comment by Strohs16on Jun 11, 2021 9:53am
88 Views
Post# 33371439

RE:RE:News release

RE:RE:News releaseIf I had to guess, my pessimistic, and totally uneducated me, would say, that, us tinly little retail investors won't get any of the oversubscription, especially given the magnitude of it.  I would guess, the deep pockets, institutional investors, will get the oversubscription.

With regards to the EPS getting out of whack with the new additional shares, I agree, it will look out of whack, I would guess they would also disclose an adjusted EPS, ie., based upon total number of outstanding shares prior to the capital raise.

Anyways, anything in anybody's accounts today?

Nothing here.

glta

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