RE:RE:RIGHT AGAIN!!!!!!!!!$3.70 (and a juicy pref dividend to boot) is annoying but the price of getting a Brookfield on board. Doing so, is a huge validation of the acquisiton in particular and the business model in general. My immediate reaction is that this is only the first step of Brookfield's involvement.and therefore I am holding and will buy more on weakness.
I've got no real visibility to whether the price is right or the impact on earnings, other than it being accretive. $16 sounds a stretch, but one can more easily imagine double digit SP if everything aligns from here.
Yes, Brookfield got a steal, but the bigger headline is that us retail investors still can!
canadian wrote: you must be kidding. Issuing shares at 3.7. I was expecting to add more but I am trimming down. Shitty management. Max 5$/share.