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  5. DC.PR.B: Big move on DC. [Dundee Corporation Cumulative 5-Year Rate Reset First Preference Shares Series 2]
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Investment Q&A

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Q: Big move on DC.PR.B and C. Keep or sell? At $25.25 it maybe as good as it gets?
Asked by Robert on August 15, 2024
5i Research Answer:

Dundee has announced the redemption of its preferreds. They will be redeemed at $25 plus accrued and unpaid dividends. With the big move on the news we would be fine selling and re-deploying the capital elsewhere.