Transcanada Equity Issue

5179 Views 8 Replies 7 Participants Last post by fifi, Jun 18, 2009

tojo

Discussion Starter · Jun 16, 2009

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....

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HaroldCrump

· #7 · Jun 17, 2009

tojo said:
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

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