Bullboard - Stock Discussion Forum iShares High Quality Canadian Bond Index ETF T.XQB

Alternate Symbol(s): ISHQF

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada Liquid Universe Capped Bond Index, net of expenses. Under normal market conditions, the Fund will primarily invest in securities of one or more exchange-traded funds managed by BlackRock Canada or an affiliate and/or Canadian fixed income securities. The Index consists of a well... see more

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iShares High Quality Canadian Bond Index ETF > Revenue up 6%-Financing mid-January

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Post by jacedan on Dec 29, 2006 10:21am

Revenue up 6%-Financing mid-January

For the latest quarter Fareport revenues are up 6% at over 2 million dollars. The shareholder friendly financing looks like a go for mid-January. And with tax loss selling over CAB shareprice is set to move off these low levels. $.015 to $.03 is a nice 100% gain.

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Comment by bearinabox on Dec 31, 2006 1:43pm

The only reason that this stock is this low is because of the litigations involved. Revenue was not a problem. The problem (IMO) was a group of greedy individuals who had their hands in the cookie jar, were funnelling money to another company that they were operating, and were using CAB to pay all of the expenses. Once the above was discovered and the "rascals" were turfed out, all ...more

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iShares High Quality Canadian Bond Index ETF