RE:RE:Phew, am I ever relieved...Why Buy it now?
How about because a forward looking market should have already priced in 2023 dillution?
Maybe...LOL
I am looking here and if this is not the bottom is has to be approaching fast. Blink and you'll mis it.
Very few industries do well in recessions and therefore very few stocks. This could be one of them.
The big question is: Is the dividend sustainable or will it be cut?
GLTA
jx7000 wrote: BSdetector2016 wrote: They would be skewered if the issued shares at current price levels. I interpret this to mean that dilution is delayed until 2023. Why buy it now?
As a result of this transaction, the company does not intend to issue any equity through the remainder of 2022, and has ceased issuances under its at-the-market-equity (ATM). The company indicated it is evaluating further assets sales as a core part of its capital plan for 2023 and beyond.
That's right--why buy it now. About eight-or-so years ago I was invested in TransAlta Utilities because they used to pay a good div and seemed to be pretty stable, but then that changed with new management, etc. They've never recovered both stock price and div. I wonder if AQN is going "down" the same path for whatever reason.