TSX:BPO.PR.A - Post by User
Comment by
Carenaon Jun 17, 2024 6:01pm
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Post# 36093040
RE:RE:BPO Prefs....Another Storm Brewing?
RE:RE:BPO Prefs....Another Storm Brewing?Hi Sonoffergus,
You may well be spot on. However, I just don't think there are that many substantial gains in the TSX to get ahead of the incoming rules. I can see Canadian residents selling their S&P 500 stocks but not necessarily their TSX 60 stocks.
As I have noted before, I think the problems for Canada are adding up and not sure just interest rate cuts are the magic solution.
In regards to the BPO prefs, I have not repurchased a single share of any of the shares I had sold and maybe that opportunity is here.
I wonder if the NCIB will get active again? The closing prices today are not back to the levels when they stopped buying.
Have a great night,
Carena