Q: Two questions:
1) on Apr 26 the price jumped significantly and from Apr 18 to apr26 it is up ~6.2%. ANY idea what is motivating it to perform upwards now? Also RSI is near 70, meaning it is nearing overbought stage.
2) What is difference between their .UN version and .DB.F version?
Thanks
1) on Apr 26 the price jumped significantly and from Apr 18 to apr26 it is up ~6.2%. ANY idea what is motivating it to perform upwards now? Also RSI is near 70, meaning it is nearing overbought stage.
2) What is difference between their .UN version and .DB.F version?
Thanks
5i Research Answer:
There has been no company news in some time. In late March, National Bank commented that the company could benefit from funding programs for ultra-pure suphuric acid, which the company makes. New semi conductor fabrications for small chips need the product and CHE could benefit from incremental demand. CHE.UN are trust units, which can be consider 'stock'. DB.F are actual debentures.