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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 to JULY 10 = approx; $18.39
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Post by mouserman on Jul 10, 2024 5:07pm

FTN unit nav to JULY 10 = approx; $18.39

Big move today in the financials, and FTN unit nav gained 46 cents  since june 28th update.
FTN common shares now have a value of approx $8.39 and with the last trade @ $8.17 its a ridiculous discount of about 22 cents .. almost 3 %. Come ex divvy date it that discount will disappear.
Comment by Golferman on Jul 10, 2024 9:05pm
Yes great discount may pick up some more on Friday after some of the Banks report earnings.  Golferman
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