RE:RE:RE:$15.2 to $ 11.89Tax loss selling is here and the start of 2024, TFSA season begins. With that said...I'm raising cash, saving all my dividends etc in cash until 2024. Then, I'll reassess this. I'll have plenty of cash to re-deploy. Lots! I'll wait until this hit 12% or more in yield. Even if it takes until spring 2024.
Also, if it gets cheap enough, what are the odds this becomes a take over target? After all, isn't Peyto one of the lowest cost producers? If so, wouldn't that attract a larger company?
Quintessential1 wrote: It very well could get there if it drops below support here. I have to say I too would be a buyer at that level.
GLTY and all
stockmarket1 wrote: I'm not adding more until the yield hits 12%.Nuff said.
Sukhi19 wrote: NG prices apart but PEY SP cratered despite the Respol addion.
It is trading below the offering price of 11.90.
Market does not seem to care for their hedging policy.
,S4 and Q1 have to be good for the SP to get some traction.