TSX:SOT.DB - Post by User
Post by
SNAKEYBOYon Apr 04, 2023 6:09pm
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Post# 35379808
3.5% yield?
3.5% yield?This a joke? I dont know how Aromayne approved this, he is going to lose 50% on his investment and get a tiny distribution?
If I didnt know any better this is the simplest unmanipulated tactic designed to tank unit price, now if they drive it to low $2's they can attempt a take out bid for $3.xx. Not even other initiatives to compliment this like a opportunistic NCIB?
Anyone who got in over $4 is screwed....lucky if in 5 years it gets back there and DRIP gives you almost nothing
SOT holders will likely be down 50% since march....I fully expect a $2-$2.90 trading range