TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Apr 24, 2024 9:51pm
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Post# 36006325
RE:redemptions
RE:redemptions
"... more buying will come down the foodchain. Names such as the BPO, FFH, ENB, TRP prefs,..."
I do not think so.
Apples and oranges.
Take a very good look at all those bank preferred shares being redeemed at par. ALL of them were trading very near their redemption prices ($25). BPO preferred shares all trade at deep discount and there is NO advantage whatsoever for Brookfield to redeem them at par.