Q: "This will allow more investors (those that can't buy trust units) to buy shares. We view it as a positive move. Shareholders will get one new share for every four held. "
What does this mean for someone like me who was just about to get into the stock , do I wait for this to wash out or do i get in now , also timeline of the "split" ?
I thought splits always went the other way 4 for 1 not 1 for 4 .. ?
For a regular retail investor in TFSA and my RSP the wording on the release is a bit confusing to say the least .
Thanks for any additional info .
Chris N
What does this mean for someone like me who was just about to get into the stock , do I wait for this to wash out or do i get in now , also timeline of the "split" ?
I thought splits always went the other way 4 for 1 not 1 for 4 .. ?
For a regular retail investor in TFSA and my RSP the wording on the release is a bit confusing to say the least .
Thanks for any additional info .
Chris N