Post by
Sukhi19 on Aug 15, 2017 2:58pm
Bought Deals at $8.45 and $9.80
These two deals were at a discount and oversubscribed.
Mangement may be left with no choice but to go in for NCIB with the cash they claim to have (50% Pay out ratio).
Comment by
maypeters on Aug 15, 2017 3:24pm
Each share bought back will save 10% in dividend. They first need to tuck in the acquisition - not sure if they are looking for big deals. Either way god bless the markets and the manipulators who took this down.
Comment by
Sukhi19 on Aug 15, 2017 4:06pm
..and distr money should be in tomorrow. 9.45% yield and increasing (Committed-at least for next qtr). Best of luck.
Comment by
select555 on Aug 15, 2017 6:18pm
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Comment by
SirHumpsAlot on Aug 15, 2017 7:20pm
That does stink. Will they be buying in now though?
Comment by
select555 on Aug 15, 2017 10:54pm
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Comment by
Lucky27 on Aug 16, 2017 8:27am
No, it means your a stupid fk that paid too much.