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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN unit nav guesstimate@ approx: $18.15
View:
Post by mouserman on Mar 19, 2024 3:08pm

FTN unit nav guesstimate@ approx: $18.15

So guessing the 15th numbers were about $18.02 and now a gain of about 13 cents since then.
Will see later how close we were on the numbers.
Comment by Golferman on Mar 19, 2024 3:16pm
Thanks Mouserman.... I added more today at 7.91. The discounted share price was to good to pass up.  Golferman
Comment by Richou77 on Mar 19, 2024 3:57pm
Hi Mouserman, Ithink you're pretty right with your NAV at $18.15. I have a question for you.  I ask you because you seem to be the better person on this Bullboard to give me the good information. I follow and own FTN since over a year now.  I noticed when I first bought FTN that they have 37.1 millions common shares. (March 2023)  And now a year later, they have 52.1 M shares ...more  
Comment by mouserman on Mar 19, 2024 6:21pm
Yes it has been many of the Quadravest split funds selling shares from the treasury via the ATM. Not sure but i believe  are more preferreds OS  than commons here.
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