TSX:BPO.PR.A - Post by User
Comment by
CrazyTraderon May 24, 2024 7:04am
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Post# 36055361
RE:Only way to Privatize Prefers will be to Redeem them, NCIB
RE:Only way to Privatize Prefers will be to Redeem them, NCIB I guess Shorts would have to quickly push the price way above $25 to get people to sell to them before they are redeemed!
Kicker is, how many Prefer Shareholders even actively buying and selling. Even if share prices go to $30, is there even enough Prefer Shareholders aware of what's going on to sell to the shorts. I get the feeling most of these shares have been bought and put away and forgotten about basically.
The ETFs have been cleaned out of their shares already as I understand.