RE:RE:RE:RE:vrn vs wcpDivChase wrote "... a small investor I can only deduce one thing from his talking points. An acquisition is very likely in the works...."
I am not a mind reader. However I rely of the message from last week :
"Our balance sheet is in excellent shape with pro forma net debt below $900 million. We plan to allocate $200 million of the partial infrastructure disposition proceeds to share repurchases under our NCIB in the second half of 2024, of which $25 million has been executed to date in July, with forecast net debt of below $1 billion at year end"
And that translate into "no acquisition that would increase the net debt load."
My wife and I continue to hold WCP and still expect to see $15 per share before the end of 2025 resulting in substantial capital appreciation in addition to the 7% (tax advantaged) dividend yield.