Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ravelin Properties REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.RPR.DB

Alternate Symbol(s):  SLTTF | T.RPR.UN | T.RPR.DB.A | T.RPR.DB.B



TSX:RPR.DB - Post by User

Comment by rad10on Jun 26, 2024 8:27pm
171 Views
Post# 36108113

RE:RE:RE:RE:RE:RE:Surprised here

RE:RE:RE:RE:RE:RE:Surprised here

CrazyTrader wrote: Wow Northforce13, good to know.       Seems strange for a buyer to have to pay the interest when the company may never pay.   

I assume that's not how it works for stocks and Prefer shares.   



 

correct preferred and common shares have ex dividend dates.  Debentures trade like bonds with accrued interest paid to the seller.  

If you are paying 3 cents on the dollar which was the offer on one of the debenture series before market open.  The overall cost basis would double with accrued interest payable.

<< Previous
Bullboard Posts
Next >>