or
Remember me
Back
NCIB has tons of room, it's the automatic unit purchase plan that is tapped. I'm surprised they haven't reloaded and run hard, but there's probably a reason. Perhaps new management comp isn't fully baked yet so they aren't appropriately incentivized to push the unit price. I continue to think that $15 is the right area by year end. Hopefully a little more patience will pay off. Weak hands selling on small volume is not a good indication of value. We know what we've got here. FWIW, there was a block trade this morning at $11.53 for 113k shares (or so, I can't see the trade history) through an ATS. That is supportive of a price closer to $12 assuming a 4% discount for the block. Dunno if that's the right discount rate ofc.
Receive investor kits and email updates from Stockhouse and directly from these companies.