TSX:AX.PR.E - Post by User
Post by
garyreinson Feb 29, 2024 5:31pm
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Post# 35907763
Im puzzled on the NCIB here
Im puzzled on the NCIB hereThey sold almost 500m in assets since August (or that will close later), and the NCIB will cost 42m ($6 x 7m) shares that will go for 8-10 months (add in a 2m tax). They really cant use 20% of this asset sale liquidity to fund it and retire the 10% payout? It better start next week!