Bullboard - Stock Discussion Forum MCAN Mortgage Corp T.MKP

Alternate Symbol(s): MAMTF

MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments.... see more

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TSX:MKP - Post Discussion

MCAN Mortgage Corp > Have the rights starting trading?....I don't see them yet.

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Post by Bibizbuz on Nov 17, 2021 12:31pm

Have the rights starting trading?....I don't see them yet.

PR said after November 12....

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Comment by JayBanks on Nov 17, 2021 5:55pm

I have them on a Scotia watch list but I haven't seen them move, they are still showing the numbers from the last day of the last offering... last time they started moving a week before I received the rights. I wish the window of rights movements was longer and given longer head-way. I hold MKP in a TFSA so maneuvering in that is already limited, coughing up a few thousand dollars on a ...more

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Comment by Bibizbuz on Nov 17, 2021 6:43pm

My MKP shares are in a portfolio at Questrade. The rights are trading already so we should see them soon. Glad to hear you are happy with how MKP has performed for you. It's a keeper.

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Comment by JayBanks on Nov 18, 2021 5:49pm

I needed to view the rights trading page to re-activate it on the watch list so now I see it's moving. They seem to be trading pretty decently on value within a couple cents (14.14 cents as of 18.84 closing), other than someone who bought a bunch for over double the value lol... For those new to Rights offerings: For those that don't know what I mean by value, take what ...more

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MCAN Mortgage Corp