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TDb Split Corp. T.XTD.PR.A


Primary Symbol: T.XTD Alternate Symbol(s):  TDBSF

The investment objectives with respect to the Class A shares are as follows:1. to provide holders of Class A shares with regular monthly cash dividends in the amount of $0.05 per Class A share when the net asset value per unit exceeds $12.50; and 2. to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit. TDb Split Corp.


TSX:XTD - Post by User

Comment by marcroberton Sep 20, 2024 3:28pm
62 Views
Post# 36233762

RE:RE:RE:RE:TD up, XTD not so much

RE:RE:RE:RE:TD up, XTD not so muchcan you calculate it like that? the impact on A shares is leveraged so not sure its 1 to 1, at least not with other spltis. Also the ramp up of premium to nav increases as it approaches pay zone, in normal times, many A shares splits are 15-20% over nav. My guess is nav is at least 13 if not 13.25, but why the heck haven't they updated the nav page, right, it's quadravest!
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