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Noranda Income Fund Unit NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Post by schocoron Jan 27, 2023 12:41pm
229 Views
Post# 35250427

Volume Comment - Director Voting

Volume Comment - Director Voting Jan 27th is the record date for unit holders to vote in the election of new directors on March 28th. 

Today being the 27th, we see some pertty low volume (2500 shares as of this note) compared to relatively higher trading volume over the past month. 

Looks like all those buyers of shares at $1.39 - 1.40 were buying with an eye to vote on teh directors. 

Vote: No to the buyout. Yes to 4 new directors. 
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