Post by
GoodMonkey on Aug 24, 2022 4:16pm
8% Dividend yield
At $5 a piece we have the opportunity to lock up a 8% yield + a potential for a very interesting capital gain within the next months.
This is extremely overvalued and the market will correct itself. It always does.
Comment by
flamingogold on Aug 25, 2022 12:24pm
I would not buy over $5, not with potential market headwinds this Fall/Winter here and in Europe. I have a starter position that I opened last week, but ideally I would want a double digit yield or low $4's before topping up. This provides a cushion against the future uncertainty. MRT.UN did a 50% cut twice during covid while the managers here waited too long.