Well – sometimes I get things right! In the post Power Financial Series L, I made the prediction that “I think it will go to an immediate premium over issue price”.
So far, so good! The issue traded 442,125 shares today (a value of over $11-million) and closed with a quote of 25.30-35. I suspect that there’s more to come, but I’ll wait until I’ve updated HIMIPref with the full universe of prices for August 4 before I start flapping my yap.