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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hey Peter. A question about cuf.un again, please. Yesterday, they announced financing where they are using 3 million cuf.un shares to procure 74 million dollars from an unnamed Canadian bank. By my math that works to $24.66 a share. I wouldn't have been surprised if the stock sold off a little but it is down almost 3% right now. Is this an opportunity or should I sign myself up for remedial math. Thanks, as always.
Read Answer Asked by john on September 21, 2012