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Bullboard - Stock Discussion Forum Brompton Oil Split Corp T.OSP

Brompton Oil Split Corp. (the Fund) is a Canada-based mutual fund company. The Fund’s investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date; and to provide holders of class A shares with regular monthly cash distributions and the opportunity for capital... see more

TSX:OSP - Post Discussion

Brompton Oil Split Corp > Why the massive premium ?
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Post by oldbrit34 on Feb 23, 2023 4:00pm

Why the massive premium ?

With no dividend and a nav of $2.87 why has OSP got such a high premium of 48% on the share price ???
Comment by scarface9 on Feb 23, 2023 4:06pm
Good question. I remember a couple of years or so ago the NAV was literally 0 and it traded for a couple bucks and no one could tell me why.
Comment by Nakate on Mar 30, 2023 12:25pm
Ya I bought some for 2 bucks and did really well lol. So I guess shorty gotta pay up again when they consolidate and the cusip number changes
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