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Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75% annually and to pay the holders of the Preferred Shares approximately $10 per Preferred Share on or about the termination date. Its investment objectives with respect to Class A Shares are to provide holders of Class A Shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.


TSX:FTN - Post by User

Post by JohnWalkeron Apr 25, 2023 4:06pm
214 Views
Post# 35413212

Close at $9.24 on April 25

Close at $9.24 on April 25Nothing like having a nice "high close" transaction at the very last second of the day. All day it traded basically from $9.19-$9.20 with the odd trade at $9.21. Total volume about 1/4 million shares,then, last second of the day ... BOOM!

Why do they do this? It doesn't fool anyone and won't make a lick of difference to the trading tomorrow.
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