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North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in the amount of over 5.5% annually and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date. Its investment objectives with respect to class A shares are to provide holders of class A shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.


TSX:FFN - Post by User

North American Financial 15 Split Corp > Trading Halted
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Comment by paracelciuson Jun 24, 2021 7:06pm
183 Views
Post# 33448561

RE:RE:RE:RE:RE:RE:RE:Trading Halted

RE:RE:RE:RE:RE:RE:RE:Trading Halted
JohnWalker wrote:
paracelcius wrote: I just want what happen with  the price of my shares and What arrive with it? 


Le cours de l'action chutera entre 7,30 $ et 7,50 $ pendant environ 30 jours. Finalement, ils rcupreront la valeur liquidative, plus une prime d'environ 10 %.
 
Qu'obtiendrez-vous avec l'offre? Un gros zro, mais vous recevrez des dividendes le 10 juillet si vous ne vendez pas.
 
on the quadravest website the net asset value of the share is $16.60, if I don't sell my shares you are telling me that they are worth $0 I must not understand your explanation which seems very clear though!!!  Just for you though it's the first time I'm confronted with this kind of offer I didn't buy this kind of stock before, so if you could be more precise in your explanation it would be easier to understand .  
 
 

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