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Bullboard - Stock Discussion Forum Noranda Income Fund Unit NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

OTCPK:NNDIF - Post Discussion

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Post by Northforce13 on Jul 23, 2020 7:41pm

various

Polar no longer owns any shares.  They sold out a while ago.  They are not the Morgan Stanley seller.


Morgan Stanley sold 89000 in May, 710800 in June, 606700 in July and is still going


It migth be Bloom, who owned 5.6% of the public shares = 1 960 000.  If so they still own 553 500.
Comment by ZincDink1 on Jul 24, 2020 5:23pm
This talk of who owned what got me interested. I looked at Management Information Circulars for the years I could find. From 2009 to 2006, Guardian Capital owned 2814842 shares. In 2010, only Xstra owned more than 10 % as special units (what GC currently holds). 2011, Clearwater Capital owned 4112900 In 2019, Polar had 4038973 and apparently less than 10 percent in 2020. Extract Capital had ...more  
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