Post by
AnEducator on Jul 28, 2023 5:23pm
NAV July 28
~$14.29. The capital shares are trading at a discount of ~$0.09.
The U.S. financials served to drag down the NAV even as the Canadian financials has a strong showing. The unit NAV needs to rise approximately 5% to reach payment status. This likely won't happen any time soon, but most buyers here are surely doing so for the capital appreciation and not for any realistic hope for the reinstatement of the dividend any time soon.
Comment by
JohnWalker on Jul 28, 2023 5:49pm
Indeed, there are fairly large moves during the day allowing for some profits on swing trades. I have orders for more sitting in the weeds, but I did manage to pick-up 900 shares today at $4.13.
Comment by
JohnWalker on Jul 31, 2023 4:26pm
Picked up a whole bunch more at the low of the day @ $4.11. Hope to be able to swing these in the next few days and then do it again. We will see.