RE:RE:RE:RE:RE:Borborema Well, Goodman will not liquidate.
Hey, you could have sold your DC.A at 1.95 on October 24 and buy back today at 1.58 for a 23% gain. 28% at 1.52 on Nov 13. A huge opportunity cost for 1 to 2 months.
You could also margin your account to increase those return, 7.5% at my broker, super cheap funding to buy an unlevered holding company investing in Junior Mining Shitcos. Or get a mortgage, the rate is even cheaper. Was always told never to lever to nvest in Juniors, why should Dundee lever ? Much better to leave investors with the decision to lever or not.
Buyback : yeah, maybe. First buyback was overuscribed and did not support the share price. What would make it different this time ? When they report the quarter, we should have a pretty good idea as to what is their cash situation. And what they do or will do with the excess cash. I would grant you that using their NCIB to offsett options at least would be good.
TauRx : how do you know there is no good reason ? Immaterial transaction in the grand scheme of things. Again, if you think TauRx is a no brainer slam dunk, you know what you have to do, bet the farm.
Cheers,