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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Algoma recently undertook a Substantial Issuer Bid where they will be retiring 28% of their shares outstanding. What your thoughts on how this impacts the outlook for the shares and warrants going forward ? I don't recall seeing a company reduce their share count by so much at once before.

Thanks
Read Answer Asked by Scott on August 02, 2022
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