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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Peter W. Panchyshyn who wrote (1087)6/13/2001 12:08:44 AM
From: whitepine  Read Replies (2) of 11633
 
Guess I am confused. If the size of the secondary issue was 10x previous values and if one held a position prior to the announcement, you would consider this a fair market transaction? Seems to me a market should operate on principle of open and equal access to information to all parties within market. If the distribution of knowledge about future actions is selectively available only to a few, then it seems clear that the market is unfair.

Assume I am incorrect. Why would the TSE ever suspend trading of any issue? Of course, maybe we are just hoping that you will own a position in an issue when a 10X secondary is announced and your capital is diluted! To many, that would be fair for you and those who share your views.
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