Q: Hi Peter. I hold both ECI and BTB.un and both for income but hopeful for growth...
ECI recently closed $250 mil at 4.3% and this makes sense to me but the share price has weaken.
BTB.un has issues $20 mill of units which will offer a current rate of 9% . This seems like expensive financing. Am I missing something?
I feel like I should exit BTB.un and buy more ECI or like companies.
Appreciate your advices
John
ECI recently closed $250 mil at 4.3% and this makes sense to me but the share price has weaken.
BTB.un has issues $20 mill of units which will offer a current rate of 9% . This seems like expensive financing. Am I missing something?
I feel like I should exit BTB.un and buy more ECI or like companies.
Appreciate your advices
John