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  5. SCR: With lack of liquidity being an often mentioned issue at Strathcona…. [Strathcona Resources Ltd.]
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Q: With lack of liquidity being an often mentioned issue at Strathcona…..I understand the float will be increased significantly first half of 2026.Does this make the shares more attractive here?
Asked by Kim on December 08, 2025
5i Research Answer:

Yes, certainly it will help. Just last week Waterous sold some shares and the share float increased by 4.4 percentage points. Any further liquidity improvement should help overall valuation, but not perhaps immediately. These things do take some time.