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Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1 T.EIT.PR.A

Alternate Symbol(s):  ENDTF | T.EIT.UN | T.EIT.PR.B

Financial Services Asset Management
Canoe EIT Income Fund (the Fund) is a Canada-based closed-end investment trust. The investment objectives of Fund are to maximize monthly distributions relative to risk and maximize net asset value, while maintaining and expanding a diversified investment portfolio, primarily through acquiring, investing, holding, transferring, disposing of or otherwise dealing with or in equity and debt securities of corporations, partnerships, or other issuers and such other investments as the manager may determine in its sole discretion from time to time. Canoe Financial LP is the manager and portfolio manager of the Fund.


TSX:EIT.PR.A - Post by User

Canoe EIT Income 4.80 Cumulative Redeemable Pref shs Series 1
Bullboard Posts
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Post by felix10on Feb 18, 2004 4:38pm
306 Views
Post# 7080195

Strange bidding for EIT rights...

Strange bidding for EIT rights... Can anyone explain why the rights traded as high as 25 cents today? You need 4 rights to buy 1 unit of EIT, which means some people were willing to pay $1 for the right to buy a unit for $6.35 - in other words, they paid $1 to save 50 cents per share (based on a current share price around 6.85)...Why?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities