Q: Hi Team,
Is the jump in GSY shares related to the federal budget release? I heard that they left lending cap at 35%? Wondering if this was an overhang that has been lifted for the name?
Is the jump in GSY shares related to the federal budget release? I heard that they left lending cap at 35%? Wondering if this was an overhang that has been lifted for the name?
5i Research Answer:
The 35% rate did not change. While it 'may' have provided some relief, we do not realy think...