TSX:SOT.DB - Post by User
Comment by
Ladislav3on Jun 21, 2022 12:40pm
170 Views
Post# 34771632
RE:RE:RE:SOT.UN has renewed the NCIB ...
RE:RE:RE:SOT.UN has renewed the NCIB ...NCIB is worthless but I am very concerned at continued dilution at these prices which is non-sensical.
$40,000,000 (at current prices >10% of market cap) dilution, on top of which SOT.UN will pay the BMO and RBC a 2% commission for bringing these units to market. So in total dilution of up to $40,800,000. I hope our new shareholders start putting pressure on this useless manager and the trustees for even considering diluting substantially at this price point.