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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 in real time @ 9:30 CSt= approx; $20.55
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Post by mouserman on Dec 13, 2024 11:38am

FTN unit nav in real time @ 9:30 CSt= approx; $20.55

Showing a loss of 23 cents in my spreadsheet.. and i think stoplosses being hit were the culprit today. 
US holdings have bounced back a bit here now, and the CAD down over 1.5% since NOV29 helps those. Last sale was at $9.58 then, and  the value of the commons was $10.55 so the discount very close to 9.2%. Will the dumping continue next week on this one.. or have we seen the last of the shakeout..?? No golf for me today, so thought i would have a quick look.
Comment by Stoiklaugh on Dec 13, 2024 11:47am
I have been filling my christmass stockings on FTN and LBS since I came back from an apoitment...  IMHO, Great discount on these two that are not undergoing Retraction while providing safety and Yield... GLTA
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