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Bullboard - Stock Discussion Forum Chorus Aviation Inc T.CHR

Alternate Symbol(s):  CHRRF | T.CHR.DB.B | T.CHR.DB.C | T.CHR.DB.A

Chorus Aviation Inc. is a global aviation solutions provider and asset manager, focused on regional aviation. The Company’s primary business activities include contract flying, managing aircraft on behalf of fund investors and other third-party aircraft investors and/or owners, as well as maintenance, repair and overhaul services and pilot training. The Company operates through Regional... see more

TSX:CHR - Post Discussion

Chorus Aviation Inc > Looks like the deal sold fast
View:
Post by HermannHaller on Mar 17, 2021 9:41am

Looks like the deal sold fast

Looks like it is sold out, the stock trading at $4.62. Why would you buy shares at $4.62 on the market if you could get the unit (share plus half warrant) from your broker for $4.60.

The press release talked about growth, new planes, etc. Maybe the company is planning to follow this up with news of some new lease contracts in the coming days.
Comment by Tommy123 on Mar 17, 2021 9:43am
This post has been removed in accordance with Community Policy
Comment by Stooge on Mar 17, 2021 10:13am
Of course YOU can't buy a unit for $4.60 but the underwriting banks did just that. That's why the better investment is to buy the banks.