Q: The final pricing of the CHC common share offering hasn't yet been fixed, but is supposed to be between $8.50 and $10.00. I recently purchased some at around $8.30, and expected to see the price rice at least a bit. However, tday the share price has fallen by almost 13%, on very high volume for this stock.

Any idea what is going on?
Thanks!

Q: CHC Student Housing offered new shares yesterday, at a yet-to-be-determined price within the range $8.50 - $10.00. They also announced the implementing of an approx 5.2% dividend. This offering sold out very quickly (10 min on my iTrade account) and so I did not have time to buy any of the offering.

This morning, I note that it is trading at $8.42 (albeit with very low volume), below the lowest value of the range. Since the offering seems to have been very popular, I would have expected trading at a much higher price.

Is it a good buy today at $8.40 - $8.50?

Thanks!

Q: Came across a Company CHC student housing They are in the process of raising $ 163.5 Million dollars to fund new acquisitions They have very few shares outstanding

Are you familiar with this management team Would you recommend buying this company for primarily income and a long term hold Your previous comment was not very favourable on the company

If you don't give this one a buy recommendation could you suggest another income stock

Thank you so much

Paul