TSX:AX.PR.E - Post by User
Comment by
JMOttawaon Aug 07, 2022 2:01pm
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Post# 34877265
RE:RE:RE:RE:CIBC comments
RE:RE:RE:RE:CIBC comments Agree, completely. From what I could gather from the analyst questions during the Q4 '21 and Q1 '22 conference calls there were some analysts who did not seen satisfied with the detail of some responses. For example, Samir was not prepared to explain exactly which public securities were being purchased and for exactly what reason. It's normal that he would not want to encourage the share prices of these securities to rise and make it more difficult to purchase them at a substantive discount. The market has not yet recognized the quality of Artis' investment thesis and in a way it makes the NCIB more effective and will promote long term share appreciation even more ;).