Post by
AmorFatiforlife on Aug 14, 2024 11:31am
On a positive note.
TD is in the process of investing $125M, potentially $144M into SIA. Canadian banks have a history of knowing how to make money. Short interest is also down.. give this another 6 months and we're trading consistently at 52 week highs.
Comment by
itsalie on Aug 14, 2024 11:35am
Next rate cut we'll be back at the 52 week high imho
Comment by
JosephM1 on Aug 14, 2024 1:02pm
How is TD investing 125 million into SIA?
Comment by
BlueJay2020 on Aug 14, 2024 1:20pm
He means TD are underwriting the share sale. If no-one wants to buy them, they are oin the hook to do so. Not an issue here!
Comment by
Mirko22 on Aug 22, 2024 4:09pm
It has impacted SP. Usually the offereing are done within few days.
Comment by
Ciao on Aug 22, 2024 5:38pm
Chartwell had an offering in June and had it timed to close in 7 days whilch it did. Sienna announced their offering on Aug. 12 (a week after the flash crash) and said it would close on or about Aug. 28. They gave this 2 weeks and it should close next Wednesday.