Canadian Money Forum banner

Transcanada Equity Issue

5179 Views 8 Replies 7 Participants Last post by  fifi
New equity issue of TRP - $1.6 Billion worth @ $31.50/share. I like these guys but my God they sure issue alot of new equity....:(
1 - 1 of 9 Posts
Well, looks like the combination of a market drop and the new offering had a big effect on the price. Could have done better with a limit order below the price of the offering. Day low hit $31.01 so far...
Yeah, I picked up some @ 31.32 this afternoon, but after it had recovered from the low for the day.
Oh well, maybe there'll be another 300 pt. drop tomorrow :rolleyes:
1 - 1 of 9 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.