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Re: Smilin_B post# 6847

Friday, 02/16/2024 10:57:15 AM

Friday, February 16, 2024 10:57:15 AM

Post# of 6855
I hear what you are saying but the intercompany transactions are what is holding IMPP back. The company is going to spend $70 million plus to purchase two tankers from Harry. Most everything seems to get bought from Harry at a premium and sold to Harry at a discount. Shareholders are ones who suffer when that happens and Harry can make up the losses on his common shares by issuing dividends to himself.
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