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Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
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Bullboard - Stock Discussion Forum Premium Income Corp T.PIC.A

Alternate Symbol(s):  T.PIC.PR.A

Financial Services Asset Management

TSX:PIC.A - Post Discussion

Premium Income Corp > Why the big price drop?
View:
Post by Donwaan on Jun 16, 2023 12:22pm

Why the big price drop?

Banking sector trend? Distribution change coming? There is still about 3 weeks until the next distribution announcement. Possibly Pic.a is buying back shares at these prices?
Comment by EdPaquette on Jun 16, 2023 9:35pm
Current NAV for PIC.A: $3.02 Market Price: $5.07
Comment by Donwaan on Jun 17, 2023 2:29pm
It has been trading considerably higher than the NAV for some time though. Why the realignment now?
Comment by EdPaquette on Jun 17, 2023 8:40pm
The mysterious moves of the market are above my pay grade. But AI will probably make money in the future while non AI investors go broke.
Premium Income Corp
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