TSX:TNT.UN - Post by User
Comment by
flamingogoldon Feb 06, 2024 10:06am
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Post# 35865111
RE:NCIB
RE:NCIBI would say watch DD buying.... last buy was Jan. 11. If his buys have indeed come to a stop as they did pre-announcement of the distribution cut to 0 and the buyback plan, then I would have to believe a change is in the winds.... again.
This might mean an extension of the current plan as you wish. However, just know that this would most likely sink the s/p, hence why DD might have stopped buying, at least in the short term as many will want to exit. Not everyone has the time line that DD has and actually depend on cash flow from their investments.
SIGG1 wrote: If it stays under $10 I wish they could wait to reinstate the distributions and just keep buying shares back until there are barely any shares outstanding left.