Q: Hi 5i:
Further to your request regarding this info: I received a message from my discount broker with the following:
"RBC Direct Investing TM. would like to inform you that the following New Issue has just been announced.
Exchange Income Corp
Short Description: Treasury Offering of Common Shares - RE-OFFERING
Price: $24.40 CDN per share.
Settlement: Settlement: October 8, 2015."
I looked for announcements and could not find anything at that price. I ended up wondering if maybe it was just the broker dealing some of their shares at a discount after participating in the recent offering at the higher price. Hope that helps.
No need to publish this if someone else has already responded!
Further to your request regarding this info: I received a message from my discount broker with the following:
"RBC Direct Investing TM. would like to inform you that the following New Issue has just been announced.
Exchange Income Corp
Short Description: Treasury Offering of Common Shares - RE-OFFERING
Price: $24.40 CDN per share.
Settlement: Settlement: October 8, 2015."
I looked for announcements and could not find anything at that price. I ended up wondering if maybe it was just the broker dealing some of their shares at a discount after participating in the recent offering at the higher price. Hope that helps.
No need to publish this if someone else has already responded!