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Bullboard - Stock Discussion Forum Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S... see more

TSX:SPB - Post Discussion

Superior Plus Corp > With all the massive block trades
View:
Post by Baystboy07 on Jun 17, 2024 4:03pm

With all the massive block trades

I don't see any other explanation than M&B selling out. The down volume has just been constant. Getting flustered that management does not use their NCIB to try and take M&B out with a block trade or something.
Comment by Podios2 on Jun 18, 2024 2:29am
I just started a position at 9.27 will add on weakness, this will take alot of time to turn around in the meanwhile  I will collect the div in a drip .
Comment by philip469 on Jun 18, 2024 1:48pm
If they know they are sellling and pushing down the price then the NCIB would be more useful when shares are cheaper , why buy into selling pressure ? As a shareholder I'd rather them make the best use of their capital by taking advantage of market in inefficiencies. Also the state of the Canadian economy isn't looking that great when you look at Canadian bankruptcies lately , 60% mortgage ...more  
Comment by bttmfischer on Jun 19, 2024 7:32am
M&R involved in business with askink $9.17 and offering 800 SPB shares? You are joking!
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