TSX:BPO.PR.A - Post by User
Comment by
Carenaon Feb 14, 2024 11:22am
257 Views
Post# 35879803
RE:RE:Simple Example of "permanent capital" financial 101
RE:RE:Simple Example of "permanent capital" financial 101Hi Pierre,
I agree with all you said, and I appreciate all your posts.
I have said in many posts, I do not think it is the goal of Brookfield to create value for themselves through extracting value from the "widows and orphans" who bought their BPO prefs at $25 per share. I think they value the "permanent" source of capital way too much.
Nonetheless, given the change to Junk status, I think it is great that BPO is there as liquidity for investors who want out and likely at much better prices than the lows of last fall.
Carena