TSX:INO.UN - Post by User
Comment by
flamingogoldon Aug 25, 2022 12:24pm
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Post# 34920109
RE:8% Dividend yield
RE:8% Dividend yield I would not buy over $5, not with potential market headwinds this Fall/Winter here and in Europe. I have a starter position that I opened last week, but ideally I would want a double digit yield or low $4's before topping up. This provides a cushion against the future uncertainty. MRT.UN did a 50% cut twice during covid while the managers here waited too long.
GoodMonkey wrote: At $5 a piece we have the opportunity to lock up a 8% yield + a potential for a very interesting capital gain within the next months.
This is extremely overvalued and the market will correct itself. It always does.